Bill · S. 5448· Senate(119-S-5448)
Anti-Corruption Tax (ACT) Act
- Introduced
- 9/22/2026
- Last activity
- 9/22/2026 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Richard Blumenthal
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill is known as the Anti-Corruption Tax (ACT) Act. It creates a new tax specifically for certain top government officials and their family members. The tax applies to income that comes from special, favorable federal government actions. Specifically, the tax rate is set at 100 percent of that windfall income. It targets people who served as President, Vice President, or in certain top-level executive positions, along with their spouses and children. The new tax rule applies to taxable years ending after January 20, 2025.
Yes
Does this raise taxes on the highest earners?+8
The bill imposes a 100 percent surtax on windfall income derived from favorable federal government actions received by high-ranking public officials and their families.
Does this limit the influence of paid lobbyists?+7
By taxing windfall income tied to discretionary federal actions for top officials and their families, the bill disincentivizes corrupt leveraging of public office for private financial gain.
Does this make what the government does easier for the public to see?+6
The legislation shines a light on discretionary federal actions and benefits conferred to entities owned by high-ranking government officials and their relatives.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Section 2: This section establishes a 100 percent tax on windfall income received by covered public officials or their family members when that income comes from substantial favorable federal government actions. This holds officials accountable by taking away financial gains made through discretionary federal benefits like special permits, contracts, or bank charters while in office.
Potential Negative Impacts for People
- Section 2: Based on the exact text provided, there are no specific negative impacts or burdens identified for ordinary individuals or groups of people in the United States, as the tax only applies to high-ranking covered public officials, their spouses, and their children.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Governance And Ideology
- Reduces Lobbying+7Improves Government Transparency+6
- Economy And Finance
- Increases Wealthy Taxes+8
- 9/22/2026
- Read twice and referred to the Committee on Finance.
- Introduced in Senate