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US SB3817

Bill

Status

Introduced

2/10/2026

Primary Sponsor

Ron Wyden

Click for details

Origin

Senate

119th Congress

AI Summary

  • Imposes a 100% tax on civil lawsuit damages received by the President, Vice President, Cabinet-level officials, and Members of Congress when they sue the U.S. government

  • Covers damages from any civil action filed, settled, or decided during the individual's time in office, including settlements, verdicts, and judgments

  • Extends the tax to related persons (family members and associated parties) of covered officials under IRC Section 267(b) relationship rules

  • Excludes taxed amounts from gross income and prohibits deductions for the excise tax paid

  • Applies to amounts received after the date of enactment

Legislative Description

Stop Presidential Embezzlement Act

Taxation

Last Action

Read twice and referred to the Committee on Finance.

2/10/2026

Committee Referrals

Finance2/10/2026

Full Bill Text

No bill text available