Strengthen Social Security by Taxing Dynastic Wealth Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 4196 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 4196 To amend the Internal Revenue Code of 1986 to return the estate, gift, and generation skipping transfer tax to 2009 levels, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES March 25, 2026 Mr. Van Hollen introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to return the estate, gift, and generation skipping transfer tax to 2009 levels, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Strengthen Social Security by Taxing Dynastic Wealth Act''. SEC. 2. ESTATE AND GIFT TAX RETURNED TO 2009 LEVELS. (a) Estate Tax.-- (1) Rate schedule.--The table contained in section 2001(c) of the Internal Revenue Code of 1986 is amended by striking the last row a…