Bill

Bill > HRes1028


US HRes1028

US HRes1028
Expressing the sense of the House of Representatives that the United States must act urgently to end the political and economic dominance of billionaire oligarchs, halt the corporate subsidies and tax advantages that fortify their power, and reinvest in the needs of the American people to defend democracy from authoritarianism.


summary

Introduced
01/30/2026
In Committee
01/30/2026
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

Expressing the sense of the House of Representatives that the United States must act urgently to end the political and economic dominance of billionaire oligarchs, halt the corporate subsidies and tax advantages that fortify their power, and reinvest in the needs of the American people to defend democracy from authoritarianism.

AI Summary

This resolution expresses the sense of the House of Representatives that the United States must urgently address the significant influence of wealthy individuals, referred to as "billionaire oligarchs," and large corporations on American democracy and the economy. It calls for an end to government subsidies and tax advantages that strengthen their power, arguing that these benefits should instead be reinvested in public needs like healthcare, housing, and education to counter authoritarianism. The resolution criticizes current practices where political contributions from the wealthy allegedly lead to favorable government contracts, loans, and grants, even when companies engage in unfair competition or violate labor and environmental laws. It advocates for breaking up monopolies in key sectors like tech and media, publicly financing elections to reduce the impact of big money, and increasing taxes on corporations and the ultra-rich, including a wealth tax, to fund essential services and promote economic equality. Furthermore, it suggests reforming the Supreme Court to ensure it supports democratic action rather than entrenching oligarchic power, supports the expansion of labor unions, and explores alternative forms of economic ownership beyond traditional corporations.

Committee Categories

Justice

Sponsors (6)

Last Action

Referred to the Committee on the Judiciary, and in addition to the Committees on House Administration, Ways and Means, Education and Workforce, Energy and Commerce, Financial Services, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (on 01/30/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...