Modernization of Derivatives Tax Act of 2026
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, Modernization of Derivatives Tax Act of 2026, changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Foreign Policy, Transportation.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section id10BC3A6DE17E437EAE6F823964CC9237: 1. Short title This Act may be cited as the Modernization of Derivatives Tax Act of 2026. Except as otherwise expressly provided, whenever in this Act an...
- Section HB424FE9D382644D6BB705BEEB927035E: 2. Modernization of tax treatment of certain derivatives Subchapter E of chapter 1 is amended by adding at the end the following new part: IVTax treatment of...
- Section H1B1947FDCAAD4E348246664802ADA253: 491. Rules for treatment of derivatives For purposes of this title, if there is a taxable event with respect to a derivative or an underlying investment—...
- Section id5FBC389AFFA640B5B80C5FD77EC7543D: 492. Investment hedging units For purposes of this part— Except as provided in subsection (b)— a taxpayer shall be treated as having an investment hedging unit...
- Section HF87FF96EEF69464E9CBD26737B057D62: 493. Derivative defined For purposes of this part, except as otherwise provided in this section, the term derivative means any contract (including any option,...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, Modernization of Derivatives Tax Act of 2026, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Foreign Policy, Transportation
Primary Purpose
This bill, Modernization of Derivatives Tax Act of 2026, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
In CommitteeRead twice and referred to the Committee on Finance.
Introduced in Senate
Mr. Wyden introduced the following bill; which was read twice …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → The Secretary identified in the operative section
- "the_commission"
- → The commission identified in the operative section
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology