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US SB2940

Bill

Status

Introduced

9/30/2025

Primary Sponsor

Tom Cotton

Click for details

Origin

Senate

119th Congress

AI Summary

  • Requires F-1 visa holders participating in Optional Practical Training (OPT) to pay Social Security and Medicare (FICA) taxes on their wages, removing the current exemption for these workers

  • Amends Section 3121(b)(19) of the Internal Revenue Code of 1986 to exclude OPT participants from the FICA tax exemption that applies to certain nonimmigrant students

  • Amends Section 210(a)(19) of the Social Security Act to make corresponding changes for Social Security coverage purposes

  • Changes apply to services performed in calendar months beginning after the date of enactment

  • Introduced by Senator Cotton on September 30, 2025 and referred to the Committee on Finance

Legislative Description

OPT Fair Tax Act

Last Action

Read twice and referred to the Committee on Finance.

9/30/2025

Committee Referrals

Finance9/30/2025

Full Bill Text

No bill text available