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BillS 3931 · 119

TAS Act

Introduced
Feb 26, 2026
Cosponsors
1
Traction
0
Last Action
Feb 26, 2026

Bill Summary

Alters tax rules, but specific changes are not specified in the provided information. The bill is currently under review in the Committee on Finance.

Sponsored By

Mike Crapo
Republican · Idaho · Senate

Bill Journey

  1. Feb 26, 2026
  3. Feb 26, 2026You Are Here

    The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.

  4. TBD

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  5. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  6. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill could affect taxpayers and the US tax system, but the exact impact is unclear without more details on the proposed changes. If passed, it may influence individuals and businesses subject to taxation.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
2backers
  • Democratic1
  • Republican1
Cross-party cosponsors1 · 100%

Documents

1

Full text opens on congress.gov, the official source.

Cosponsors (1)

Bill Details

Bill TypeSenate Bill · Federal
Primary TopicMoney & Economy
CommitteeCommittee on Finance
IntroducedFeb 26, 2026
Last UpdatedFeb 26, 2026
Latest ActionRead twice and referred to the Committee on Finance.
Subjects
  • 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.