# 119-s-5448: Anti-Corruption Tax (ACT) Act

119-s-5448, Anti-Corruption Tax (ACT) Act, is a 119th Congress bill sponsored by Sen. Blumenthal, Richard [D-CT] (D-CT); status introduced; PRIA reads it as touching household money (as of 2026-10-07).

- Canonical: https://policyrisk.com/legislation/119-s-5448
- As of: 2026-10-07
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-5448
- Congress: 119
- Title: Anti-Corruption Tax (ACT) Act
- Status: introduced
- Introduced: 2026-09-22
- Sponsor: Sen. Blumenthal, Richard [D-CT] (D-CT)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-10-07

## Summary

**100% windfall tax on income from discretionary federal favors to top officials and their families.** The bill creates a new Section 59B that taxes income tied to favorable federal actions for a defined set of people and their closely linked entities. - Covered officials and families: Individuals who served as President, Vice President, or in a Level I Executive Schedule post would owe a 100% tax on any income attributable to a covered favorable government action. Spouses who were married during the action and children as defined in the tax code are also treated as covered individuals. - Businesses and ownership links: Income or benefits that flow to entities that are beneficially owned by a covered individual are treated as public office windfall income. The bill references the beneficial ownership standard found in 31 C.F.R. 1010.230. - Which federal actions trigger the tax and timing: The tax targets a wide range of discretionary federal actions, including bank charters, licenses and franchises, permits, leases, federal contracts, waivers or exemptions, federal financial assistance, and merger approvals. The rules apply to taxable years ending after January 20, 2025.

## Provisions PRIA read

- New 100% windfall tax for officials: cost, high. If enacted, the bill would create a new 100% tax on "public office windfall" income. You would pay 100% of taxable income tied to a discretionary federal action that is expected to give a substantial economic benefit. The tax would apply to people who served as President, Vice President, or Level I…

## Related bills

- 119-s-5238: For Our Republic Act
- 119-s-5071: Children's Safe Welcome Act of 2026
- 119-s-2838: Protecting Our Democracy Act
- 119-s-2819: Head Start for America's Children Act
- 119-s-1541: SHIPS for America Act of 2025
- 119-s-5283: Momnibus Act

## Sources
- [119-s-5448 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/5448)

## Related
- [119-s-5238: For Our Republic Act](https://policyrisk.com/legislation/119-s-5238)
- [119-s-5071: Children's Safe Welcome Act of 2026](https://policyrisk.com/legislation/119-s-5071)
- [119-s-2838: Protecting Our Democracy Act](https://policyrisk.com/legislation/119-s-2838)
- [119-s-2819: Head Start for America's Children Act](https://policyrisk.com/legislation/119-s-2819)
- [119-s-1541: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-s-1541)
- [119-s-5283: Momnibus Act](https://policyrisk.com/legislation/119-s-5283)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-5448 (as of 2026-10-07).