RepublicanBill · H.R. 451· House(119-HR-451)

FAIR PREP Act of 2025

Rep. Smith
Age: 56 years
Nebraska
Introduced
1/15/2025
Last activity
1/15/2025 — Referred to the House Committee on Ways and Means.
Sponsored by
Adrian Smith
Cosponsors
Republican - 29Democrat - 0
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the "FAIR PREP Act of 2025," aims to amend the Internal Revenue Code of 1986. It seeks to prohibit the Secretary of the Treasury from preparing tax returns or claims for refunds. The legislation specifically targets electronic tax preparation services operated by the Secretary. It includes specific exceptions for qualified return preparation programs and the IRS Free File Program. Additionally, the bill limits future expenditures for the development or operation of electronic tax preparation service options. These changes would take effect 30 days after the Act is enacted.

Yes

  • Does this reduce what the federal government spends?+3

    The bill limits future expenditures for the development or operation of electronic tax preparation service options.

The opposite

  • Would households on low incomes be better off under this?-4

    The bill prohibits the Secretary from operating free direct e-file electronic tax preparation services which are often used by low-income taxpayers.

  • Would middle-income households be better off under this?-2

    The bill restricts access to government-operated electronic tax preparation services.

  • Would people in cities be better off under this?-2

    The bill reduces access to government-operated electronic tax preparation services that may be utilized by urban populations.