ROBINHOOD Act

In committee: it can still change before the session ends.

US HR 6438 · House Bill · 119th Congress

What it does

The bill would impose a 20% excise tax on certain secured loans and lines of credit taken out by high-income individuals.

No official summary is available here. This one was written by AI from the bill’s text.

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While a bill can still move, the questions are about people and money.

Who sits in the seats that vote on itA roster is not a certified tally, and a filing is not a place on the ballot.
Who funds the people decidingA receipt is not backing. A contribution does not establish a policy motive.
Who is paid to be heardNaming an institution is the filer's account, not a record of any meeting.