H.R. 7381 Introduced Taxation

Prevent Presidential Profiteering Act

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.

  1. Introduced
  2. Committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor Rep. Thompson, Mike [D-CA-4] Introduced February 4, 2026 Cosponsors 17 (17 D) Latest action February 4, 2026

Summary

The Congressional Research Service has not published a summary of this bill yet.

Congress.gov

Actions

  1. Feb 4, 2026 Referred to the House Committee on Ways and Means.
  2. Feb 4, 2026 Introduced in House

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