S 5143 · 119th CongressIn Committeecongress.gov ↗

A bill to amend the Internal Revenue Code of 1986 to modify procedural requirements for penalties and disallowance periods.

Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill would change the rules in the tax code about how the IRS handles penalties and time periods during which certain tax benefits can be denied. No official summary is available for this bill.

Introduced

July 28, 2026

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