RepublicanBill · S. 175· Senate(119-S-175)

A bill to rescind the unobligated balances of amounts appropriated for Internal Revenue Service enhancements and use such funding for an External Revenue Service.

Rep. Moreno
Age: 59 years
Ohio
Introduced
1/21/2025
Last activity
1/21/2025 — Read twice and referred to the Committee on Finance.
Sponsored by
Bernie Moreno
Cosponsors
None
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill seeks to rescind all unobligated balances from amounts appropriated under section 10301 of the Inflation Reduction Act of 2022. These funds were originally intended for Internal Revenue Service enhancements. The bill proposes to use these rescinded funds to establish and administer an External Revenue Service. This action is outlined as a sense of Congress.

Yes

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

    The rescission of IRS enhancement funding may reduce the frequency and intensity of audits for high earners.

  • Would business owners be better off under this?+2

    The bill reduces the resources available for IRS enforcement and potential audits of business entities.

  • Does this reduce what the federal government spends?+2

    The bill rescinds unobligated balances from previous IRS appropriations.

The opposite

  • Does this make what the government does easier for the public to see?-2

    The rescission of IRS enhancement funds may reduce the government's ability to monitor and report on tax compliance effectively.

  • Does this raise the taxes companies pay?-2

    The bill rescinds funding for IRS enhancements, which reduces the agency's capacity for corporate tax enforcement and audits.

  • Would households on low incomes be better off under this?-1

    Reducing IRS enforcement capabilities can impact the administration of tax credits and services that benefit low-income households.