Make Billionaires Pay Their Fair Share Act
The Make Billionaires Pay Their Fair Share Act introduces a 5% annual wealth tax on individuals and trusts with net assets exceeding $1 billion, which is adjusted for inflation after 2026. The bill also expands Medicare coverage to include dental, hearing, and vision services, establishes a $60,000 minimum annual salary for public school teachers, and creates a birth-through-five child care entitlement program for working families. Additional provisions include increased eligibility for health insurance premium tax credits, expanded home and community-based services under Medicaid, and funding for various education and healthcare initiatives.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2026
Committee Review
Floor Vote
President
Introduced Mar 3, 2026
Last action Mar 3, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 3, 2026
Committee
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.
lower
Mar 3, 2026
Introduced
Introduced in House
lower
1 primary · 7 co-sponsors
Sponsors
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