Bill Sponsor
House Bill 5043
116th Congress(2019-2020)
Millionaires Surtax Act
Introduced
Introduced
Introduced in House on Nov 12, 2019
Overview
Text
Sponsor
Introduced
Nov 12, 2019
Latest Action
Nov 12, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
5043
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
Sponsorship by Party
Democrat
Virginia
Democrat
California
Democrat
California
Democrat
California
Democrat
Tennessee
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

Millionaires Surtax Act

This bill imposes an additional 10% tax on individual taxpayers whose adjusted gross income exceeds $2 million.

Text (1)
November 12, 2019
Actions (2)
11/12/2019
Referred to the House Committee on Ways and Means.
11/12/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 5:02:32 AM