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Bill > HR7767


US HR7767

US HR7767
Make Billionaires Pay Their Fair Share Act Medicare Dental, Hearing, and Vision Expansion Act of 2026


summary

Introduced
03/03/2026
In Committee
03/03/2026
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A BILL To amend the Internal Revenue Code of 1986 to impose an annual tax on the net value of assets held by a taxpayer, and for other purposes.

AI Summary

This bill, titled the "Make Billionaires Pay Their Fair Share Act Medicare Dental, Hearing, and Vision Expansion Act of 2026," proposes several significant changes, including the imposition of an annual tax on the net value of assets held by individuals or trusts exceeding $1 billion, with this threshold adjusted for inflation annually after 2026. It also aims to expand Medicare coverage to include dental, hearing, and vision care, and introduces affordability rebates for taxpayers. Additionally, the bill seeks to increase eligibility for premium tax credits for health insurance, establish a minimum annual salary of $60,000 for public school teachers, and invest in home and community-based services and long-term care. Finally, it includes provisions for affordable child care for working families and authorizes significant appropriations for the Housing Trust Fund.

Committee Categories

Budget and Finance

Sponsors (7)

Last Action

Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Financial Services, and Education and Workforce, 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 03/03/2026)

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