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US HR1028

Resolution

Status

Introduced

1/30/2026

Primary Sponsor

Rashida Tlaib

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Non-binding House resolution introduced January 30, 2026 by Rep. Tlaib and three co-sponsors, expressing concern about wealth concentration among America's 900 billionaires whose combined wealth exceeds that of 67 million households in the bottom 50 percent.

  • Calls for denying federal contracts, loans, and grants to billionaire-controlled corporations that engage in corrupt political schemes, fail to compete fairly, or violate labor, environmental, and nondiscrimination laws.

  • Urges breaking up monopolies in media, finance, and tech sectors, and ensuring critical national security functions including cloud computing, AI, and space exploration are controlled by public servants rather than private individuals.

  • Advocates for increased taxes on corporations and the ultra-wealthy, enacting a wealth tax, closing tax loopholes, and directing revenues toward universal health care, affordable housing, debt-free education, and climate resilience.

  • Supports expanding union membership, promoting alternative ownership models such as cooperatives and public ownership, reforming the Supreme Court, and publicly financing elections with small-dollar contributions.

Legislative Description

Expressing the sense of the House of Representatives that the United States must act urgently to end the political and economic dominance of billionaire oligarchs, halt the corporate subsidies and tax advantages that fortify their power, and reinvest in the needs of the American people to defend democracy from authoritarianism.

Government operations and politics

Last Action

Referred to the Committee on the Judiciary, and in addition to the Committees on House Administration, Ways and Means, Education and Workforce, Energy and Commerce, Financial Services, and Agriculture, 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.

1/30/2026

Committee Referrals

Judiciary1/30/2026

Full Bill Text

No bill text available