This bill would amend the Internal Revenue Code to provide a monthly credit to working people, to eliminate tax loopholes applicable to billionaires, and for other purposes. It was introduced in the House by Rep. Greg Landsman on 2026-09-14 and referred to the House Committee on Ways and Means. No publicly available information about the bill's specific provisions, eligibility rules, payment amounts, or implementation details.
If the bill becomes law, it would create a new monthly credit for eligible working people and change tax rules that apply to billionaires. Exact eligibility, how much people would receive, who qualifies, and when payments would start are not publicly available.
No publicly available information on projected costs, revenue effects, or budget impacts of the proposal.
No publicly available information describing supporters' arguments, goals, or expected benefits beyond the bill title and sponsor information.
No publicly available information describing opponents' arguments or concerns.