# 119-s-4287: GRATS Act

119-s-4287, GRATS Act, is a 119th Congress bill sponsored by Sen. Wyden, Ron [D-OR] (D-OR); status introduced; PRIA reads it as touching household money (as of 2026-04-22).

- Canonical: https://policyrisk.com/legislation/119-s-4287
- As of: 2026-04-22
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-4287
- Congress: 119
- Title: GRATS Act
- Status: introduced
- Introduced: 2026-04-14
- Sponsor: Sen. Wyden, Ron [D-OR] (D-OR)
- Cosponsors: 1
- Policy area: unknown
- Touches household money: yes
- Last recorded action: 2026-04-22

## Summary

**This bill would focus on reducing abuse of grantor retained annuity trusts by imposing stricter rules on GRATs and changing how transfers and trust-paid taxes are taxed.** It targets common valuation and transfer techniques that shift wealth free of gift tax and capital gains tax.

## Cosponsors (1)

- Sen. King, Angus S., Jr. [I-ME] (I-ME), 2026-04-14T00:00:00.000Z

## Provisions PRIA read

- Stricter rules for GRATs: cost, high. If enacted, the bill would make many grantor retained annuity trusts (GRATs harder to use). A GRAT annuity term would have to run at least 15 years and no more than the annuitant's life expectancy plus 10 years. Annual payments would have to be fixed and could not decrease during the term. The rema…
- Treat trust-owner transfers as sales: cost, high. If enacted, the bill would treat transfers of property for consideration between a grantor trust and its deemed owner as a sale or exchange for tax purposes. That includes in-kind satisfaction of an annuity or discharge of debt by the trust. The rule would not apply to grantor trusts fully revocabl…
- Trust tax payments treated as gifts: cost, high. If enacted, the bill would treat income taxes a deemed owner pays on an applicable grantor trust as a taxable gift by that person for the calendar year. Taxes reimbursed by the trust during the same calendar year would not be treated as gifts. The gift date would be the earlier of December 31 of th…

## Related bills

- 119-s-891: Bipartisan Health Care Act
- 119-s-2763: Keep Billionaires Out of Social Security Act
- 119-s-3869: Healthy Families Act
- 119-s-5108: Right to IVF Act of 2026
- 119-s-1503: Equality Act
- 119-s-5071: Children's Safe Welcome Act of 2026

## Sources
- [119-s-4287 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4287)

## Related
- [119-s-891: Bipartisan Health Care Act](https://policyrisk.com/legislation/119-s-891)
- [119-s-2763: Keep Billionaires Out of Social Security Act](https://policyrisk.com/legislation/119-s-2763)
- [119-s-3869: Healthy Families Act](https://policyrisk.com/legislation/119-s-3869)
- [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-5071: Children's Safe Welcome Act of 2026](https://policyrisk.com/legislation/119-s-5071)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-4287 (as of 2026-04-22).