Millionaires Surtax Act
Summary
Millionaires Surtax Act This bill imposes an additional 10% tax on individual taxpayers whose modified adjusted gross income exceeds $2 million ($1 million for taxpayers not filing a joint return or surviving spouses). The bill sets forth special rules for the taxation of nonresident aliens and citizens and residents living abroad, and exempts charitable trusts from such tax.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jun 2021
Committee Review
Floor Vote
President
Introduced Jun 11, 2021
Last action Jun 11, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jun 11, 2021
Committee
Referred to the House Committee on Ways and Means.
lower
Jun 11, 2021
Introduced
Introduced in House
lower
1 primary · 7 co-sponsors
Sponsors
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