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US HR1026

US HR1026
Taxpayer Knowledge of IRS Investigations Act


summary

Introduced
02/24/2015
In Committee
03/25/2015
Crossed Over
04/16/2015
Passed
Dead
01/03/2017

Introduced Session

114th Congress

Bill Summary

Taxpayer Knowledge of IRS Investigations Act (Sec. 2) Amends the Internal Revenue Code to authorize the Department of the Treasury to disclose to any person who provides information indicating a violation of internal revenue laws relating to unauthorized disclosure or inspection of tax information or to unlawful acts of revenue officers or agents: (1) whether an investigation based on such information has been initiated and is open or closed; (2) whether any such investigation substantiated a violation; and (3) whether any action has been taken against a violator, including a referral for prosecution. Makes this Act applicable to disclosures made on or after its enactment date.

AI Summary

This bill, known as the Taxpayer Knowledge of IRS Investigations Act, amends the Internal Revenue Code to allow the Department of the Treasury to inform individuals who report violations of tax laws related to the unauthorized disclosure or inspection of tax information, or misconduct by IRS officers or agents, about the status of any investigation stemming from their report. Specifically, the Treasury can disclose whether an investigation has been opened or closed, if it found that a violation occurred, and if any action, including a referral for prosecution, was taken against the violator. This provision applies to disclosures made after the bill becomes law, providing greater transparency to taxpayers who assist in uncovering internal IRS wrongdoing.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Received in the Senate and Read twice and referred to the Committee on Finance. (on 04/16/2015)

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