Amendment · S.Amdt. 4601· Senate(119-SAMDT-4601)
S.Amdt. 4601
Age: 77 years
Oregon
- Introduced
- 3/18/2026
- Sponsored by
- Ron Wyden
- Cosponsors
- None
- Changes bill
- 119-S-1383 — Veterans Accessibility Advisory Committee Act of 2025
- Introduced
- Pending Consideration
- Failed
What this amendment would do
SA 4601, submitted by Mr. Wyden, aims to add a section to bill S. 1383 regarding an increase in the top individual tax rate.
The purpose of this amendment is to change the Internal Revenue Code of 1986 to modify income tax brackets for high-income taxpayers. Specifically, it intends to:
- Change the tax rate from 37 percent to 39.6 percent for taxable income that exceeds a certain threshold.
- Set the applicable threshold at $10,000,000 for certain taxpayers and half of that amount for others.
These changes would apply to taxable years beginning after December 31, 2025.
- 3/18/2026
- Senate amendment submitted
This bill has no cosponsors