Billionaire Minimum Income Tax Act
Referred to Ways and Means, which never held a markup.
- BillH.R. 6498
- Congress118th Congress, 2023 to 2025
- SponsorSteve Cohen (Democrat, TN)
- IntroducedNovember 29, 2023
- Cause of deathDied in committee
- Died inthe House
What it would have done
Required households worth more than $100 million to pay a minimum tax on their full income, including unrealized gains.
The path to law
The bill was referred to committee and the chair never scheduled a markup. No member of Congress had to vote on it. This is how most bills die, and it leaves no fingerprints.
The record
Last verified November 10, 2026.