We have received text from S. 3817: Stop Presidential Embezzlement Act. This bill was received on 2026-02-10, and currently has 4 cosponsors.
Here is a short summary of the bill:
This bill, known as the "Stop Presidential Embezzlement Act," aims to amend the Internal Revenue Code to impose a specific tax on damages received by certain high-ranking U.S. officials in civil actions against the government. Here’s a breakdown of its main provisions:
Imposition of Tax
The bill introduces a tax equal to **100% of the qualified civil action amount** received by designated officials in any tax year. This means if a covered person receives any money as a result of a lawsuit they filed against the United States, they would have to pay taxes on the entire amount received.
Covered Persons
The term **"covered person"** refers to individuals who have served in certain high-level positions, specifically:
- President of the United States
- Vice President of the United States
- Positions at level I of the Executive Schedule
- Members of Congress, including Delegates and Resident Commissioners
Qualified Civil Action Amount
The **qualified civil action amount** is defined as the total damages received by a covered person during a taxable year related to:
- A civil action filed by them against the United States or any of its agencies.
This includes amounts received from settlements, verdicts, or judgments, provided the legal proceedings were initiated during their tenure in the specified roles.
Special Rules
Several special rules are introduced under this tax provision:
- Any tax incurred under this new section will be treated as a tax under subtitle A of the Internal Revenue Code.
- Amounts received as damages will **not** be included in the recipient's gross income for tax purposes.
No Deduction from Income Tax
The bill also states that no deductions will be allowed under the Internal Revenue Code for the amounts subject to this new tax.
Effective Date
The provisions of this bill would apply to amounts received after the bill is enacted, meaning any damages awarded from civil actions that result in payments following the bill’s passage will be subject to this taxation rule.
Relevant Companies
None found.
Senator Ron Wyden Bill Proposals
Here are some bills which have recently been proposed by Senator Ron Wyden:
- S.3905: A bill to provide for the refund of duties imposed under the International Emergency Economic Powers Act.
- S.3886: A bill to establish total nurse staffing hours per resident day, to require 24-hour use of registered professional nurses in nursing homes, and for other purposes.
- S.3850: A bill to regulate monitoring of electronic communications between an incarcerated person in a Bureau of Prisons facility and that person's attorney or other legal representative, and for other purposes.
- S.3817: Stop Presidential Embezzlement Act
- S.3634: AWARE Act of 2026
- S.3474: Cannabinoid Safety and Regulation Act
You can track bills proposed by Senator Ron Wyden on Quiver Quantitative's politician page for Wyden.
Senator Ron Wyden Net Worth
Quiver Quantitative estimates that Senator Ron Wyden is worth $23.5M, as of February 25th, 2026. This is the 54th highest net worth in Congress, per our live estimates.
Wyden has approximately $11.1M invested in publicly traded assets which Quiver is able to track live.
You can track Senator Ron Wyden's net worth on Quiver Quantitative's politician page for Wyden.
Senator Ron Wyden Stock Trading
We have data on up to $21.2M of trades from Senator Ron Wyden, which we parsed from STOCK Act filings. Some of the largest trades include:
- A April 6th, 2021 sale of up to $250K of $AMAT. The stock has risen 170.84% since then.
- A November 11th, 2022 sale of up to $250K of $PYPL. The stock has fallen 48.35% since then.
- A July 23rd, 2020 purchase of up to $250K of $MSFT. The stock has risen 92.06% since then.
- A April 6th, 2021 sale of up to $250K of $STZ. The stock has fallen 32.26% since then.
- A May 26th, 2020 purchase of up to $250K of $NVDA. The stock has risen 2112.14% since then.
You can track Senator Ron Wyden's stock trading on Quiver Quantitative's politician page for Wyden.
2028 Oregon US Senate Election
There has been approximately $6,435,837 of spending in Oregon US Senate elections over the last two years, per our estimates.
The rating for this race is currently "Solid D".
You can track this election on our matchup page for the 2028 Oregon US Senate election.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
