Anti-Corruption Tax (ACT) Act
Imposes a 100% tax on income tied to certain federal actions benefiting senior officials and their families.
In the Senate Finance Committee since Sept. 22, 2026, 16 days after it was introduced. Most bills never leave committee.
- INTRODUCEDINTROSEP 22, 2026
- COMMITTEECOMM.IN COMMITTEE
- SENATESENATE—
- HOUSEHOUSE—
- LAWLAW—
What the bill would do, and why it matters
Federal decisions can create financial gains for people connected to public officials. The bill would add a tax on certain income tied to favorable federal actions benefiting senior officials, their spouses, or their children. The tax would equal the qualifying income and apply in addition to other taxes.
- INTRODUCED ONLY This bill has been introduced and possibly referred to a committee, but it has not passed any vote. Most introduced bills never become law — they die in committee without a hearing.
- DATA NOTE No Congressional Research Service summary was available.
- Imposes a 100% windfall tax
A covered individual would owe a tax equal to all taxable income attributable to a covered favorable federal action, in addition to other taxes.
- Defines covered officials and families
Covered individuals include anyone who has served as President, Vice President, or in a level I Executive Schedule position; a spouse married to that person when the action was taken; and that person’s child.
- Lists qualifying federal actions
The tax would apply to income tied to certain discretionary federal actions expected to confer a substantial economic benefit, such as contracts, permits, leases, financial assistance, or approval of a merger. The action must benefit a covered individual or an entity they beneficially own.
- Applies the tax to earlier tax years
The new tax would apply to taxable years ending after January 20, 2025.
The measure targets financial gains connected to discretionary federal decisions that benefit senior officials or their families. It would make the individual’s qualifying income subject to an additional tax equal to that income, with the tax applying to taxable years ending after January 20, 2025.
Written from the bill text.
The path it took, step by step
- IntroducedSEP 22, 2026SENATESEP 22, 2026By Sen. BlumenthalReferred to Finance
- SAME DAYNOWSenate committeeSEP 22, 2026FINANCE NOWSEP 22, 2026In committee for 16 daysNo hearing yet
- 16 DAYS SO FARPassed the Senate—SENATE FLOOR—Not scheduled
- House committee—HOUSE—
- Passed the House—HOUSE FLOOR—Not scheduled
- Resolve differencesONLY IF NEEDEDBOTH CHAMBERSONLY IF NEEDEDSkipped if the other chamber passes the same text
- Signed into law—PRESIDENT—10 days to sign or veto
- SEP 222026SEP 22, 2026REFERREDRead twice and referred to the Committee on Finance.
- SEP 222026SEP 22, 2026INTRODUCEDSENATEIntroduced in Senate
At day 16, this bill is already older than 5% of the laws passed this Congress were when they were signed.
Where your members stand on it
What readers think
Discussion
Get an alert when it changes stage, gets a floor vote in the Senate, or is signed into law.