Bill · H.R. 10060· House(119-HR-10060)
Presidential Tax Accountability and Audit Integrity Act
- Introduced
- 8/6/2026
- Last activity
- 8/6/2026 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Richard Neal
- Cosponsors
- - 18 - 0
- Introduced
- In Committee
What this bill would do
The Presidential Tax Accountability and Audit Integrity Act seeks to amend the Internal Revenue Code of 1986. It prohibits the Secretary from entering into or giving effect to any "covered instrument" that affects federal tax matters for the President or their related persons. These instruments include agreements, orders, or waivers made while an individual is serving as President. The bill also requires the Secretary to submit and make public reports disclosing the identities of affected taxpayers. Additionally, it establishes rules to prevent the expiration of tax assessment periods for certain prior instruments.
Yes
Does this make what the government does easier for the public to see?+5
The bill increases transparency by requiring public reports on tax-related agreements involving the President.
Does this make the government pay for what it commits to?+1
The bill enhances fiscal accountability by preventing the President from entering into private tax agreements or waivers.
The opposite· 3 of 5
Does this protect people from being watched or searched?-5
The bill allows for the public disclosure of individual tax return information.
Does this give people more control over their personal data?-3
The bill mandates the disclosure of private tax return information to the general public.
Would people with substantial wealth be better off under this?-2
The bill targets high-profile individuals and their related persons, potentially limiting their ability to negotiate tax-related instruments.
Who it would affect, and how
Potential Positive Impacts for People
-
Increased Transparency: The Secretary is required to submit reports to Congress and make them available to the public, disclosing the identity of taxpayers to whom a covered instrument applies (Section 7124(d)(1)).
-
Public Disclosure of Tax Information: The bill amends the Internal Revenue Code to allow return information to be disclosed to the general public as necessary to carry out reporting requirements (Section 7124(d)(2)(A)).
-
Prevention of Tax Expiration: For certain prior instruments, the period for assessing taxes or bringing court proceedings for collection will not expire before a specific timeframe related to the end of the President's term (Section 7124(b)(1)).
Potential Negative Impacts for People
-
Disclosure of Private Information: The bill authorizes the disclosure of tax return information to the members of the general public to comply with reporting requirements (Section 7124(d)(2)(A)).
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Prohibition of Tax Agreements: The Secretary is not authorized to enter into or give effect to any agreement, order, or waiver that affects federal tax matters for the President or related persons (Section 7124(a)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Billionaires-2Good For High Net Worth Individuals-2Good For Ultra High Net Worth Individuals-2
- Education And Technology
- Improves Data Privacy-3
- Economy And Finance
- Improves Fiscal Responsibility+1
- Governance And Ideology
- Improves Government Transparency+5Improves Privacy Rights-5
- 8/6/2026
- Referred to the House Committee on Ways and Means.
- 18 Cosponsors added.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Donald BeyerDemocrat · Virginia
Brendan BoyleDemocrat · Pennsylvania
Judy ChuDemocrat · California
Danny DavisDemocrat · Illinois
Lloyd DoggettDemocrat · Texas
Suzan DelBeneDemocrat · Washington
Dwight EvansDemocrat · Pennsylvania
Jimmy GomezDemocrat · California
Steven HorsfordDemocrat · Nevada
John LarsonDemocrat · Connecticut
Gwen MooreDemocrat · Wisconsin
Stacey PlaskettDemocrat · Virgin Islands
Jimmy PanettaDemocrat · California
Linda SánchezDemocrat · California
Terri SewellDemocrat · Alabama
Bradley SchneiderDemocrat · Illinois
Thomas SuozziDemocrat · New York
Mike ThompsonDemocrat · California