# 119-s-2127: Wall Street Tax Act of 2025

119-s-2127, Wall Street Tax Act of 2025, is a 119th Congress bill sponsored by Sen. Schatz, Brian [D-HI] (D-HI); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-s-2127
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-2127
- Congress: 119
- Title: Wall Street Tax Act of 2025
- Status: introduced
- Introduced: 2025-06-18
- Sponsor: Sen. Schatz, Brian [D-HI] (D-HI)
- Cosponsors: 5
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**Creates a tax on trading transactions.** The bill would impose a fee on most purchases of securities and many derivative payments, starting at 0.02% and rising to 0.10% by 2030 for trades after December 31, 2025.

## Cosponsors (5)

- Sen. Warren, Elizabeth [D-MA] (D-MA), 2025-06-18T00:00:00.000Z
- Sen. Van Hollen, Chris [D-MD] (D-MD), 2025-06-18T00:00:00.000Z
- Sen. Whitehouse, Sheldon [D-RI] (D-RI), 2025-06-18T00:00:00.000Z
- Sen. Fetterman, John [D-PA] (D-PA), 2025-06-18T00:00:00.000Z
- Sen. Merkley, Jeff [D-OR] (D-OR), 2025-06-18T00:00:00.000Z

## Provisions PRIA read

- Higher trading tax for investors: cost, high. If enacted, this bill would add a small tax on many securities trades. It would apply to each covered transaction and use the trade value as the tax base. For derivatives, the tax base would be the payment amount and each payment would be a separate taxable transaction. The rate would phase up by d…

## Related bills

- 119-s-2823: FAMILY Act
- 119-s-3869: Healthy Families Act
- 119-s-51: Washington, D.C. Admission Act
- 119-s-5108: Right to IVF Act of 2026
- 119-s-1503: Equality Act
- 119-s-1232: Workplace Violence Prevention for Health Care and Social Service Workers Act

## Sources
- [119-s-2127 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/2127)

## Related
- [119-s-2823: FAMILY Act](https://policyrisk.com/legislation/119-s-2823)
- [119-s-3869: Healthy Families Act](https://policyrisk.com/legislation/119-s-3869)
- [119-s-51: Washington, D.C. Admission Act](https://policyrisk.com/legislation/119-s-51)
- [119-s-5108: Right to IVF Act of 2026](https://policyrisk.com/legislation/119-s-5108)
- [119-s-1503: Equality Act](https://policyrisk.com/legislation/119-s-1503)
- [119-s-1232: Workplace Violence Prevention for Health Care and Social Service Workers Act](https://policyrisk.com/legislation/119-s-1232)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-2127 (as of 2025-12-21).