S2940Referred to Committee

OPT Fair Tax Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-09-30
Introduced
0
Cosponsors
S
ⓘ
Type

Sponsor

Tom Cotton
Tom Cotton
Republican · AR · Senator
Votes with party: 76.1% (845 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 →

Read twice and referred to the Committee on Finance.

2025-09-30

Source: Congress.gov

Committee Activity

Currently in

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
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Related legislation

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