HR 7381 · 119th Congress 2025–2027

Prevent Presidential Profiteering Act

Introduced Feb 4, 2026 Originated House Sponsor Mike Thompson D-CA

Fact sheet Spreadsheet

Latest action · Feb 4, 2026 Referred to the House Committee on Ways and Means.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedFeb 4, 2026
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Cosponsors 17

Members who signed on, in the order they did. Signatures ran from Feb 4, 2026 to May 19, 2026; 13 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
D-ILBradley Scott SchneiderOriginalFeb 4, 2026
D-PABrendan F. BoyleOriginalFeb 4, 2026
D-ILDanny K. DavisOriginalFeb 4, 2026
D-PADwight EvansOriginalFeb 4, 2026
D-WIGwen MooreOriginalFeb 4, 2026
D-CAJimmy GomezOriginalFeb 4, 2026
D-CAJimmy PanettaOriginalFeb 4, 2026
D-CTJohn B. LarsonOriginalFeb 4, 2026
D-CAJudy ChuOriginalFeb 4, 2026
D-CALinda T. SánchezOriginalFeb 4, 2026
D-TXLloyd DoggettOriginalFeb 4, 2026
D-NVSteven HorsfordOriginalFeb 4, 2026
D-WASuzan K. DelBeneOriginalFeb 4, 2026
D-NYThomas R. SuozziFeb 5, 2026
D-ORMaxine DexterMar 19, 2026
D-DCEleanor Holmes NortonMay 14, 2026
D-ORAndrea SalinasMay 19, 2026

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseWays and Means Committee
Referred Feb 4, 2026

Actions 2

Everything that happened, newest first.

  1. Feb 4, 2026Introduced in House
  2. Feb 4, 2026Referred to the House Committee on Ways and Means.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: Necessary and Proper; Taxing

The sponsor’s statement, as printed in the Congressional Record, vol. 172, no. 25, February 4, 2026, page H2032.

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
S 3817Stop Presidential Embezzlement ActRelated billFeb 10, 2026

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To amend the Internal Revenue Code of 1986 to impose a tax on damages received by the President of the United States on account of any civil action filed against the United States, and for other purposes.
Short Title(s) as Introduced
Prevent Presidential Profiteering Act

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

  1. Feb 4, 2026Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.