H.R. 9075119th CongressIn committeeLatest action May 29, 2026Decoded by AI · checked against the record
The plain-language version leads. The official text is always the reference.
HR 9075 would impose a 100% tax on any settlement money paid out if the sitting U.S. President sues the IRS and wins.
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HR 9075 would impose a 100 percent tax on any money paid from a settlement fund created because the President of the United States filed a civil lawsuit against the IRS. Recipients of such payments could not deduct them from regular income taxes, leaving no way to offset the tax. The bill applies only to this one specific type of settlement and does not affect ordinary taxpayers or typical IRS disputes.
The bill would affect anyone who receives a payment from a settlement fund arising from a presidential civil lawsuit against the IRS. In practice, the number of people affected depends entirely on whether such a lawsuit ever occurs and produces a settlement.
Because the 100 percent tax rate would recapture every dollar paid out from such a settlement, no recipient would retain any of the money received. The deduction prohibition closes any additional avenue that might otherwise reduce the tax burden on those payments.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Referred to the House Committee on Ways and Means.