HR4613Referred to Committee

Bubble Tax Modernization Act of 2025

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-07-22
Introduced
9
Cosponsors
HR
ⓘ
Type

Sponsor

Andrea Salinas
Andrea Salinas
Democrat · OR · Representative
Votes with party: 97.2% (607 recorded votes)
Top industries funding sponsor:
  • Climate & Environment$24k

Full profile: /officials/S001226

Source: Congress.gov · FEC

Cosponsors (9)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

9 cosponsors on record at Congress.gov. The named list is syncing into Govwatch and will appear here shortly — view on Congress.gov in the meantime.

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 →

Referred to the House Committee on Ways and Means.

2025-07-22

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

The proposal would update how the federal government taxes certain financial transactions and corporate structures that currently exploit outdated tax rules, potentially closing loopholes that allow some large companies and investment firms to reduce their tax bills. The changes would affect corporations, investment funds, and financial institutions that use complex strategies to minimize taxes owed to the government. By modernizing these tax rules, the legislation aims to ensure fairer tax treatment across different types of businesses and potentially increase federal tax revenue.

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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Open text viewRead on Congress.gov

Related legislation

Bills by the same sponsor or covering overlapping subjects.