This bill proposes to amend the Internal Revenue Code of 1986 by establishing a new tax on capital gains for individuals serving as President of the United States. The primary goal is to impose a 100 percent tax on any "qualified net capital gain" accrued during their presidential term. A "qualified net capital gain" refers to the net gain from the sale or exchange of capital assets that are not held in a qualified blind trust . For any capital assets not held in such a trust, the bill introduces a mark-to-market rule, requiring the President to recognize gain or loss as if these assets were sold at fair market value on the last business day of each applicable taxable year. This measure is designed to prevent Presidents from profiting from individual trades or investments while in office, unless those assets are managed independently within a qualified blind trust. The provisions of this bill would apply to taxable years beginning after December 31, 2024.