S. 4662: ROBINHOOD Act of 2026

S. 4662 is a federal bill in the 119th Congress. Very high-income individuals often take out large loans using their valuable assets as collateral, allowing them to access cash without selling assets and triggering capital gains taxes. Under this bill, any loan issued to an applicable taxpayer is treated… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.