To amend the Internal Revenue Code of 1986 to impose an annual tax on the net value of assets held by a taxpayer, and for other purposes.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 7767 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 7767 To amend the Internal Revenue Code of 1986 to impose an annual tax on the net value of assets held by a taxpayer, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES March 3, 2026 Mr. Khanna introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Financial Services, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to impose an annual tax on the net value of assets held by a taxpayer, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE, ETC. (a) Short Title.--This Act may be cited as the ``Make Billionaires Pay Their Fair Share Act''. (b) Table of Contents.--The table of contents of this Act is as follows: Sec. 1. Short title, etc. TITLE I--WEALTH TAX Sec. 101. Imposition of tax on net value of assets. Sec. 102. Enforcement. TITLE II--AFFORDABILITY REBATES Sec. 201. Affordability rebates. TITLE III--HEALTH CARE PROVISIONS Sec. 301. Repeal of reconciliation health provisions. Sec. 302. Increase in eligibility for premium tax credit. TITLE IV--MEDICARE DENTAL, HEARING, AND VISION EXPANSION Sec. 401. Short title. Sec. 402. Coverage of dental and oral health care. Sec. 403. Providing coverage for hearing care under the Medicare program. Sec. 404. Providing coverage for vision care under the Medicare program. Sec. 405. Phase-in of impact of dental and oral health coverage on part B