A bill to prevent the use of additional Internal Revenue Service funds from being used for audits of taxpayers with taxable incomes below $400,000 in order to protect low- and middle-income earning American taxpayers from an onslaught of audits from an army of new Internal Revenue Service auditors funded by an unprecedented, nearly $80,000,000,000, infusion of new funds.

Bill: 117-s-4817
Sponsor: full_name: Sen. Crapo, Mike [R-ID]
Introduced: 2022-09-12
Policy area: Taxation
Latest action: action_date: 2022-09-12
text: Read twice and referred to the Committee on Finance.

Summaries:
action_date: 2022-09-12
action_desc: Introduced in Senate
text: <p>This bill prohibits the use of additional funds appropriated to the Internal Revenue Service under the Inflation Reduction Act of 2022 for audits of taxpayers with taxable incomes below $400,000.</p>

tv_txt: II 117th CONGRESS 2d Session S. 4817 IN THE SENATE OF THE UNITED STATES September 12, 2022 Mr. Crapo (for himself, Mr. Grassley , Mr. Cornyn , Mr. Thune , Mr. Burr , Mr. Toomey , Mr. Scott of South Carolina , Mr. Cassidy , Mr. Lankford , Mr. Daines , Mr. Portman , Mr. Young , Mr. Sasse , and Mr. Barrasso ) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To prevent the use of additional Internal Revenue Service funds from being used for audits of taxpayers with taxable incomes below $400,000 in order to protect low- and middle-income earning American taxpayers from an onslaught of audits from an army of new Internal Revenue Service auditors funded by an unprecedented, nearly $80,000,000,000, infusion of new funds.

1. Limitations related to the Internal Revenue Service (a) In general Section 10301 of Public Law 117–169 is amended— (1) by striking In general .— and inserting (a) In general .— , and (2) by adding at the end the following: (b) Limitations related to the Internal Revenue Service None of the funds appropriated under subsection (a)(1) may be used to audit taxpayers with taxable incomes below $400,000. .