HR 3860
115th Congress
House
Taxation
Internet and video services
Internet, web applications, social media
Tax administration and collection, taxpayers
User charges and fees
IRS Data Verification Modernization Act of 2017
Introduced: September 28, 2017
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 28, 2017
Referred to the House Committee on Ways and Means.
Sep 28, 2017
Introduced in House
Plain-English summary
IRS Data Verification Modernization Act of 2017
This bill requires the Internal Revenue Service (IRS) to implement a program to ensure that disclosures of tax returns or return information by the IRS to a person verifying the income of a taxpayer for a legitimate business purpose are: (1) fully automated and accomplished through the Internet, and (2) accomplished in as close to real-time as is practicable.
The IRS must assess and collect a fee for the disclosures described above at rates that are sufficient to recover the costs related to implementing the program not later than five years after the costs are paid or incurred.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1