Tax the Grift Act
Bill Summary
Imposes taxes on certain individuals who engage in fraudulent or deceptive activities. Requires these individuals to pay taxes on their ill-gotten gains.
Sponsored By
Bill Journey
- May 29, 2026
- May 29, 2026You Are Here
The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.
- TBD
The full chamber debates the bill, may amend it, and votes on whether to pass it.
- TBD
If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.
- TBD
If passed by both chambers, the bill goes to the President to sign into law or veto.
Why It Matters
This bill affects individuals who profit from fraudulent or deceptive activities, requiring them to pay taxes on their gains. It may also impact taxpayers who currently bear the financial burden of these activities, potentially leading to a more equitable distribution of tax liability.
Impact Areas
Support & Opposition
- Democratic1
Documents
1
Full text opens on congress.gov, the official source.
Bill Details
- Economy
Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.