US HR7485

Bill

US HR7485

Simplify, Don’t Amplify the IRS Act

Introduced
04/07/2022

In Committee
04/07/2022

Crossed Over

Passed

Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Social Security Act to remove the restriction on the use of Coronavirus State Fiscal Recovery funds, to amend the Internal Revenue Code of 1986 to codify the Trump administration rule on reporting requirements of exempt organizations, and for other purposes.

AI Summary

This bill: 1. Removes the restriction on the use of Coronavirus State Fiscal Recovery funds, allowing states to use the funds for purposes other than offsetting tax revenue losses during the pandemic. 2. Increases the gross receipts threshold and expands the types of tax-exempt organizations that are not required to file annual returns, reducing reporting requirements for smaller and less active organizations. 3. Clarifies the application of reporting requirements to certain political organizations. 4. Increases the penalties for unauthorized disclosure of taxpayer information by IRS employees and tax return preparers. 5. Restricts the use of taxpayer-funded union official time for IRS employees during the tax filing season. 6. Requires the IRS to publish annual projections of the tax gap (the difference between taxes owed and taxes paid) and limits the use of additional enforcement funding until the IRS publishes these projections. 7. Establishes an IRS fellowship program to recruit private sector tax experts to assist with complex audits and emerging tax issues. 8. Requires increased transparency and accountability measures related to improper tax payments made by the IRS, with the goal of reducing such payments.

Committee Categories

Budget and Finance

Sponsors (2)

Tom Rice (R)*, Diana Harshbarger (R),

Last Action

Referred to the Committee on Ways and Means, and in addition to the Committees on Oversight and Reform, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (on 04/07/2022)

Official Document

https://www.congress.gov/bill/117th-congress/house-bill/7485/all-info

(13 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.congress.gov/bill/117th-congress/house-bill/7485/all-info
BillText	https://www.congress.gov/117/bills/hr7485/BILLS-117hr7485ih.pdf
Bill	https://www.congress.gov/117/bills/hr7485/BILLS-117hr7485ih.pdf.pdf

Bill	Bill Name	Last Action	Type
HR2002	Let States Cut Taxes Act	Referred to the House Committee on Oversight and Reform.	Related
HR4485	IRS Customer Service Improvement Act	Referred to the House Committee on Oversight and Reform.	Related
HR4889	Don't Weaponize the IRS Act	Referred to the House Committee on Ways and Means.	Related
HR5206	To require the Internal Revenue Service to issue a report on the tax gap, to establish a fellowship program within the Internal Revenue Service to recruit mid-career tax professionals to create and participate in an audit task force, and for other purposes.	Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.	Related
HR5364	Protect Taxpayers’ Privacy Act	Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.	Related
S1777	Don't Weaponize the IRS Act	Read twice and referred to the Committee on Finance.	Related
S2132	IRS Customer Service Improvement Act	Read twice and referred to the Committee on Finance.	Related
S2222	Protect Taxpayers’ Privacy Act	Read twice and referred to the Committee on Finance.	Related
S2721	A bill to require the Internal Revenue Service to issue a report on the tax gap, to establish a fellowship program within the Internal Revenue Service to recruit mid-career tax professionals to create and participate in an audit task force, and for other purposes.	Read twice and referred to the Committee on Finance.	Related
S3009	Let States Cut Taxes Act	Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 150.	Related
S4046	Simplify, Don’t Amplify the IRS Act	Read twice and referred to the Committee on Finance.	Same As
S730	Let States Cut Taxes Act	Read twice and referred to the Committee on Finance.	Related
S743	State Fiscal Flexibility Act of 2021	Read twice and referred to the Committee on Finance.	Related

Bill > HR7485

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (2)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary