S 5100 United States Senate · 117th Congress

IRS Funding Accountability Act

Summary
IRS Funding Accountability Act This bill delays for a 60-day period funding for the Internal Revenue Service (IRS) enforcement activities enacted by the Inflation Reduction Act (except for eliminating return processing backlogs and reducing call wait times) until an annual spending plan for such activities is submitted to the congressional tax and appropriation committees. Congress may enact a joint resolution of disapproval of the spending plan before the end of the 60-day period requiring the IRS to submit a new spending plan. The IRS and the Department of the Treasury must make quarterly reports to the committees on expenditures for enforcement activities. The bill requires reductions in appropriations to the IRS for any failure to submit required reports.
Bill status in committee 1 of 4 stages cleared
Introduction
Nov 2022
Committee Review
Floor Vote
President
Introduced Nov 16, 2022 Last action Nov 16, 2022
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Nov 16, 2022
Committee
Read twice and referred to the Committee on Finance. (text: CR S6742-6743)
upper
Nov 16, 2022
Introduced
Introduced in Senate
upper
1 primary · 16 co-sponsors

Sponsors