S 4196·Federal·senate
Strengthen Social Security by Taxing Dynastic Wealth Act
In CommitteeFiled Mar 25, 2026
Sponsor: Sen. Van Hollen, Chris [D-MD] (D)
Latest Action
Read twice and referred to the Committee on Finance.
Mar 25, 2026
Summary
The bill raises estate and gift tax rates to the levels they were at in 2009 and lowers the exemption amount to $3.5 million. All revenue from these taxes would be transferred to the Social Security Trust Fund to help shore up its finances. It mainly impacts wealthy individuals who inherit or give large sums and the Social Security system.
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