CONGRESS FOR VOTERS

Adam Schiff (D-CA)

S.Amdt. 2466

S.Amdt. 2466 · Senate amendment

A Democratic amendment with 3 Democratic cosponsors · See all 3 cosponsors

Changes H.R. 1 — One Big Beautiful Bill Act

Not adopted

This amendment was never taken up, and the bill finished without it. It was never voted on.

Its path through Congress

  1. Introduced
  2. Pending Consideration
  3. Failed

What this amendment would do

  • The amendment was submitted by Mr. Schiff, along with Mr. Hickenlooper, Mr. Bennet, and Mr. Welch.

  • It creates a new 39.6 percent individual income tax rate bracket for any taxable income over $10,000,000.

  • It applies to taxable years beginning after December 31, 2025.