In CommitteeFiled Jan 9, 2026
Sponsor: Hoan Huynh
Latest Action
Rule 19(a) / Re-referred to Rules Committee
Mar 27, 2026
Summary
The bill adds a 0.2% fee to each purchase of securities or derivatives by U.S. persons on the Chicago Board Options Exchange or Chicago Mercantile Exchange, starting July 1 2026. The fee is collected by the exchange, sent to the Department of Revenue, and placed in a new Reducing the Cost of Living Fund that will finance education, health, transportation and stimulus payments. Personal investment accounts and certain IPO or short‑term debt transactions are exempt.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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