Skip to main content
HR 7648 116th Congress House Taxation Employment and training programs Government employee pay, benefits, personnel management Government trust funds Tax administration and collection, taxpayers

Taxpayer Fairness Fund Act of 2020

Introduced: July 16, 2020 Introduced by: Moore, Gwen Democratic · Wisconsin See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 16, 2020
Referred to the House Committee on Ways and Means.
Jul 16, 2020
Referred to the Subcommittee on Select Revenue Measures.
Jul 16, 2020
Introduced in House
 Plain-English summary Congressional Research Service

Taxpayer Fairness Fund Act of 2020

This bill establishes the Taxpayer Fairness Fund to enhance Internal Revenue Service (IRS) enforcement activities. The fund provides amounts for the hiring, training, and employment of IRS personnel to determine and collect owed taxes from individuals with annual incomes of $500,000 or more and corporations with assets valued at $5 million or more. The fund is financed by voluntary designations of certain taxpayers on their tax returns of $5.00 from overpayment of tax.

What's happening now July 16, 2020

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 2