119th Congress · Senate bill · Last action Jul 23, 2026
S. 5127In Committee
Senate Republicans exclude clinical trial participant compensation from taxable income.
Sponsor: Sen. Banks, Jim (R-IN)1 cosponsorIntroduced Jul 23, 2026
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In plain English
This bill excludes certain compensation paid to people who participate in clinical trials from their taxable income. Sen. Jim Banks (R-IN) introduced the measure, which was referred to the Senate Finance Committee in July 2026.
Generated by ThePolitibase from the bill text and CRS summary. Read the official text →
Where it is in the process
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Introduced
Jul 23
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Senate committee
Jul 23
3
Senate floor
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4
House
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5
Signed
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What happens next: Sits in committee. Needs a markup or favorable report to advance to the Senate floor.
Community vote
How readers of ThePolitibase feel about this bill. Reader sentiment only — not a scientific poll, and not a measure of public opinion.
- support · - oppose · - total
Sponsor
JS
Cosponsors (1)
CS
All Democratic.
Activity timeline
Jul 23
1d ago
1d ago
Read twice and referred to the Committee on Finance.
Jul 23
1d ago
1d ago
Introduced in Senate
Read the bill text
Official text via Congress.gov. Opens in a new tab.
Full action log
All 2 recorded actions since introduction · Source: Congress.gov
Jul 23
SENATERead twice and referred to the Committee on Finance.
Jul 23
Introduced in Senate
All 1 cosponsor
1 Democrat · 0 Republicans
Democrats (1)
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