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US SB3817
Bill
AI Summary
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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
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Covers damages from any civil action filed, settled, or decided during the individual's time in office, including settlements, verdicts, and judgments
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Extends the tax to related persons (family members and associated parties) of covered officials under IRC Section 267(b) relationship rules
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Excludes taxed amounts from gross income and prohibits deductions for the excise tax paid
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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