S. 5040 has not moved since its introduction on Jul 21, 2026, with no cosponsors
A bill to amend the Internal Revenue Code of 1986 to impose limitations on high-income taxpayers with large retirement account balances.
IntroducedJul 21, 2026
Reported—
Passed one chamber—
Passed both—
Law—
What it changes · CRS summary
CRS has not published a summary of this bill yet. Read the bill text.
Context
- Committees
- Senate Finance Committee
- Policy area
- Taxation: 20 of 6,214 bills became law, 113th–118th (0.3%)
- Sponsor
- 7 of 533 bills enacted since 2013
- Text versions
- 1: introduced in senate · 2,815 words
- Latest action
- Jul 21, 2026: Read twice and referred to the Committee on Finance.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 1
Each bill appears once, under its strongest link. 1 in all.
Identical or companion · 1
- 119th H.R. 9813 To amend the Internal Revenue Code of 1986 to impose limitations on high-income taxpayers with large retirement account balances. D · Introduced
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]