HR 10846·Federal·house
To amend the Internal Revenue Code of 1986 to impose an excise tax on certain indebtedness, and for other purposes.
In CommitteeFiled Oct 19, 2026
Sponsor: Rep. Friedman, Laura [D-CA-30] (D)
Latest Action
Referred to the House Committee on Ways and Means.
Oct 19, 2026
Summary
The proposal seeks to change the Internal Revenue Code of 1986 by adding an excise tax on specified types of debt. It would affect taxpayers or entities that hold the debt subject to the new tax, potentially raising the cost of borrowing. The measure is intended to generate revenue or influence borrowing behavior.
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