HR 7381 · 119th Congress

Prevent Presidential Profiteering Act

This bill creates a special tax on money that current or former presidents receive when they win civil lawsuits against the federal government. Here's what that means in plain terms: if a president sues the U.S. government and wins a settlement or court judgment, they would have to pay a 100% tax on that money. So i…

Sponsor

Thompson, Mike (D-California)

Introduced

2026-02-04

Policy area

Taxation

Latest action

Referred to the House Committee on Ways and Means.