Not adopted
This amendment was never taken up, and the bill finished without it. It was never voted on.
Its path through Congress
- Introduced
- Pending Consideration
- Failed
What this amendment would do
- Adds a 39.6 percent income tax rate bracket for specific high taxable income amounts.
- Sets the taxable income threshold for this tax rate at over $50,000,000 for married individuals filing joint returns and surviving spouses.
- Sets the taxable income threshold for this tax rate at over $25,000,000 in any other case.
- Applies this tax rate change to taxable years beginning after December 31, 2025.
- Increases the funding amounts for the Rural Health Transformation Program by changing the figures from $10,000,000,000 to $22,500,000,000 in two separate places within the Social Security Act.
- 6/29/2025
- Senate amendment submitted
This bill has no cosponsors