In CommitteeFiled May 19, 2026
Sponsor: Rep. Thompson, Mike [D-CA-4] (D)
Latest Action
Referred to the House Committee on Ways and Means.
May 19, 2026
Summary
The SLUSH FUND Act would impose a tax equal to the full amount of any settlement payment a taxpayer receives from a fund that originates from a civil lawsuit against the United States filed by a current or former president, a family member, or someone they control. It also requires the trustees of those funds to file detailed returns that become public, and adds heavy penalties for failing to pay the tax or file the returns. The goal is to stop undisclosed financial gains tied to government lawsuits.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get real-time alerts when HR 8910 changes status, plus AI-powered summaries and stage predictions.
Sign up free