WHAT THE LAW DOINCongress, in plain words

S. 5689 · 119th Congress

RECLAIM Act

IntroducedTaxation
IntroducedOct 15, 2026
Passed SenateNot yet
Passed HouseNot yet
To PresidentNot yet
Became lawNot yet

What it does

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Our plain-language breakdown, with what it means for you and the case for and against, is written once a bill starts to move.

What has happened

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  1. 2026-10-15Under authority of the order of the Senate of September 30, 2026, ordered read twice and referred to the Committee on Finance.Senate
  2. 2026-10-15Introduced in SenateLibrary of Congress

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