IRS Funding Accountability Act

HR 888, the IRS Funding Accountability Act, requires the Internal Revenue Service (IRS) to submit detailed spending plans to Congress before accessing certain funding. The bill imposes a 60-day moratorium on using specified IRS funds after enactment, requiring the IRS to submit a comprehensive plan within 60 days detailing how funds will be spent over five years - including metrics on taxpayer services, audits, and technology improvements. The IRS must also provide quarterly reports on fund usage, with daily funding reductions ($10 million per day for plan delays, $1 million per day for report delays) if deadlines are missed. This directly affects IRS budget management and reporting practices for funds allocated under Public Law 117-169.