Wall Street Tax Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 6
- Latest action
- Jun 18, 2025
What it does
The Wall Street Tax Act of 2025 would impose a tax on certain trading transactions involving securities and derivatives, with rates increasing gradually from 0.02% to 0.1% over time, applying to transactions occurring on or subject to U.S. exchanges or involving U.S. persons. The tax would generally be paid by the exchange or broker facilitating the transaction, with specific rules for direct transactions and controlled foreign corporations. It excludes initial issuances of securities and certain short-term indebtedness, and requires Treasury to issue guidance and regulations to prevent avoidance. The provisions would take effect for transactions after December 31, 2025.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.