Road to The Floor
How it worksIntroduced
In Committee
On The Floor
Passed a Chamber
Passed Congress
To President
Became Law
What this bill does
AI plain-language summaryThis bill gives extra funding to the IRS for the years 2026 through 2031 to help with things like collecting taxes, helping taxpayers, and updating technology. It also requires the IRS to send a report to Congress every two years explaining its plan to focus more of its auditing and enforcement efforts on wealthy individuals and large corporations, including how it plans to hire and keep skilled auditors for that work. The report must also look at how much unpaid tax comes from people and businesses at different income levels. Additionally, an independent government watchdog must review and report on the IRS's plan and progress.
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