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S 2055 117th Congress Senate Taxation Administrative remedies Congressional oversight Department of the Treasury Executive agency funding and structure Government studies and investigations Interest, dividends, interest rates Internal Revenue Service (IRS) Judicial review and appeals Legal fees and court costs Right of privacy Specialized courts Tax administration and collection, taxpayers

IRS Whistleblower Program Improvement Act of 2021

Introduced: June 15, 2021 Introduced by: Grassley, Chuck Republican · Iowa See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 15, 2021
Read twice and referred to the Committee on Finance.
Jun 15, 2021
Introduced in Senate
 Plain-English summary Congressional Research Service

IRS Whistleblower Program Improvement Act of 2021

This bill modifies provisions of the Internal Revenue Code relating to whistleblower protections. Specifically, the bill

  • revises the standard for review of whistleblower awards in the Tax Court to require a de novo review standard (currently, the standard is abuse of discretion);
  • exempts whistleblower awards from reductions due to budget sequestration;
  • establishes a rebuttable presumption that whistleblowers would suffer harm if their identities were disclosed in a Tax Court proceeding;
  • modifies the Internal Revenue Service (IRS) whistleblower report to require inclusion of a list and description of the top 10 tax avoidance schemes disclosed by whistleblowers;
  • requires the IRS to pay interest on whistleblower awards if not paid within one year of receipt of proceeds collected from whistleblower disclosures,
  • allows the IRS to retain 3% of whistleblower proceeds (up to $10 million) to pay administrative costs of the whistleblower program; and
  • allows payment of the attorney fees of whistleblowers regardless of whether the whistleblower award was paid through the mandatory or the discretionary whistleblower award program.
What's happening now June 15, 2021

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1