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HB7381Introduced in the House

Prevent Presidential Profiteering Act

IntroducedHouse Ways And Means

Introduced by Mike Thompson, District CA-4

What does this bill do?

Plain-English breakdown

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Official description

To amend the Internal Revenue Code of 1986 to impose a tax on damages received by the President of the United States on account of any civil action filed against the United States, and for other purposes.

Where it stands

Referred to the House Committee on Ways and Means.

February 4, 2026

How did lawmakers vote?

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Bill history

  1. Introduced in House

  2. Referred to the House Committee on Ways and Means.

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