Richard E. Neal

Presidential Tax Accountability and Audit Integrity Act

To amend the Internal Revenue Code of 1986 to impose limitations on high-income taxpayers with large retirement account balances.

The proposal would limit how much money wealthy individuals can accumulate in retirement accounts like 401(k)s and IRAs, requiring them to withdraw excess funds once their account balance reaches a certain threshold. This change would primarily affect high-income earners with very large retirement savings, potentially forcing them to pay taxes on money they've been saving for retirement. The goal is to prevent the wealthiest Americans from using retirement accounts as a way to avoid taxes on their accumulated wealth.

Elder Justice Reauthorization and Modernization Act of 2026

This bill would continue funding for government programs that work to prevent elder abuse and neglect, investigate complaints, and prosecute people who exploit or mistreat seniors. The money would support law enforcement, social services, and community organizations that help protect older adults from financial scams, physical abuse, and abandonment. The bill has been sent to multiple congressional committees to review different aspects of how these protections should work.

Automatic IRA Act of 2025

To add Ireland to the E3 nonimmigrant visa program.

This bill would allow Irish citizens to participate in the E3 visa program, which lets skilled workers from certain countries live and work temporarily in the United States. Currently, only Australian citizens can use this visa category, so adding Ireland would give Irish professionals the same opportunity to work in America without needing to go through the more difficult employment-based immigration process. The change would benefit Irish workers seeking temporary employment in the U.S. and American employers looking to hire skilled workers from Ireland.