Modernization of Derivatives Tax Act of 2026
Sponsored by Wyden, Ron (Democrat-OR) · Senate · Introduced Apr 16, 2026
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Plain-English Summary (AI-assisted)
This bill would update federal tax rules for financial derivatives (complex investment contracts whose value depends on underlying assets) and related investments. The specific changes are not detailed in the provided bill text, making a complete assessment impossible.
Legislative Status Timeline
Introduced
Apr 16, 2026
In Committee
Apr 16, 2026
Passed House
Pending
Passed Senate
Pending
Presidential Action
Pending
Sponsor
Wyden, Ron
Independent · OR
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