summary
Introduced
10/17/2017
10/17/2017
In Committee
10/17/2017
10/17/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
Tax Expenditures Accountability Act This bill requires the Internal Revenue Service (IRS) to disclose information regarding tax credits for inclusion on the website established under the Federal Funding Accountability and Transparency Act of 2006. With respect to tax credits allowed for taxpayers (other than individuals) after the enactment of this bill, the IRS must disclose to the administrator of the website: (1) the name of the taxpayer, (2) the type of the tax credit allowed, and (3) the amount of the credit.
AI Summary
This bill, the Tax Expenditures Accountability Act, requires the Internal Revenue Service (IRS) to disclose information about tax credits (other than for individuals) to the administrator of the website established under the Federal Funding Accountability and Transparency Act of 2006. The disclosed information includes the name of the taxpayer, the type of the tax credit allowed, and the amount of the credit. This is intended to provide greater transparency around federally funded tax credits.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6464-6465) (on 10/17/2017)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/115th-congress/senate-bill/1974/all-info |
| BillText | https://www.congress.gov/115/bills/s1974/BILLS-115s1974is.pdf |
| Bill | https://www.congress.gov/115/bills/s1974/BILLS-115s1974is.pdf.pdf |
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