S2940Referred to Committee
OPT Fair Tax Act
Introduced
In Committee
3
Passed One Chamber4
Passed Both5
Signed into Law119th
Congress
2025-09-30
Introduced
0
Cosponsors
S
ⓘType
Sponsor
Tom Cotton
Republican · AR · Senator
Votes with party: 77.6% (901 recorded votes)
Full profile: /officials/C001095
Source: Congress.gov · FEC
Cosponsors (0)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.
Latest Action
The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →
Committee Activity
Currently in
- Senate Committee on FinanceReferred To · 2025-09-30
Plain-English Summary
The legislation would change how international students on Optional Practical Training (OPT) visas are taxed, potentially reducing their tax burden or clarifying their tax obligations. This would affect foreign students who work in the United States after completing their studies, as well as the companies that employ them. The bill is currently under review by the Senate Finance Committee.
AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.
Subjects
Taxation
Full bill text is not yet cached locally.
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