Bill Tracker / 119th Congress / S. 5040
S. 5040 · 119th Congress
A bill to amend the Internal Revenue Code of 1986 to impose limitations on high-income taxpayers with large retirement account balances.
Introduced→
In Committee→
Passed One Chamber→
Passed Both Chambers→
Became Law
Latest action: Read twice and referred to the Committee on Finance. — 07/21/2026
What This Bill Does
No official summary has been published for this bill yet — this is common for bills that were only recently introduced. You can read the full bill text on Congress.gov ↗.
Introduced
07/21/2026
Policy Area
Taxation