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SB4662Introduced in the Senate

ROBINHOOD Act of 2026 Redistribution Of Billions by Instituting New High-income Obligations on Overlooked Debt Act of 2026

IntroducedSenate Finance

Introduced by Ruben Gallego, District AZ

What does this bill do?

Plain-English breakdown

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Official description

A bill to amend the Internal Revenue Code of 1986 to ensure that high net-worth individuals cannot avoid paying taxes on their income and assets.

Where it stands

Read twice and referred to the Committee on Finance.

June 2, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

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Bill history

  1. Read twice and referred to the Committee on Finance.

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