3.0.0 3355 2019-02-20T23:40:29Z 2019-02-24T04:51:15Z Senate S S 2012-06-28 112 ssfi00 Finance Committee Senate Standing Referred to 2012-06-28T18:52:25Z Taxpayer Bill of Rights Act of 2012 112 6050 HR 2012-10-01 Referred to the Subcommittee on Financial Institutions and Consumer Credit. Identical bill CRS 2012-06-28 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2012-06-28 Introduced in Senate IntroReferral 10000 9 Library of Congress B000468 Sen. Bingaman, Jeff [D-NM] JESSE BINGAMAN D NM FRANCIS N K000148 Sen. Kerry, John F. [D-MA] JOHN KERRY D MA FORBES 2012-06-28 True A000069 Sen. Akaka, Daniel K. [D-HI] DANIEL AKAKA D HI KOHIKINA 2012-06-28 True U000039 Sen. Udall, Tom [D-NM] TOM UDALL D NM 2012-06-28 True B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH 2012-06-28 True L000304 Sen. Lieberman, Joseph I. [ID-CT] JOSEPH LIEBERMAN ID CT I. 2012-06-28 True P000590 Sen. Pryor, Mark L. [D-AR] Mark Pryor D AR Lunsford 2012-06-28 True M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ 2012-06-28 True D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2012-06-28 True C000174 Sen. Carper, Thomas R. [D-DE] Thomas Carper D DE R. 2012-07-09 False Taxation Accounting and auditing Administrative law and regulatory procedures Administrative remedies Bank accounts, deposits, capital Congressional oversight Consumer affairs Consumer credit Department of the Treasury Financial literacy Financial services and investments Fraud offenses and financial crimes Government information and archives Government studies and investigations Insurance industry and regulation Internal Revenue Service (IRS) Judicial review and appeals Poverty and welfare assistance Social work, volunteer service, charitable organizations Tax administration and collection, taxpayers Taxation 00 2012-06-28 Introduced in Senate 2012-09-07T15:49:42Z Taxpayer Bill of Rights Act of 2012 - Amends the Internal Revenue Code to require the Secretary of the Treasury, in consultation with the National Taxpayer Advocate, to publish a summary statement of taxpayer rights and obligations.

Authorizes the Secretary to make grants to develop, expand, or continue volunteer income tax assistance programs to assist low-income taxpayers. Allows tax preparation program grant recipients to use grant funds to provide services related to financial literacy, asset development, and the establishment of savings accounts.

Increases the grant funding for low-income taxpayer clinics.

Requires the Secretary to: (1) prescribe regulations for the regulation of tax return preparers not otherwise regulated and to regulate the conduct of enrolled agents in their practice before the Internal Revenue Service (IRS); (2) require the annual registration of refund delivery product facilitators; and (3) furnish to the public the identity of any person who is an enrolled agent, attorney, or certified public accountant on file with the IRS, who is a tax return preparer, or who is registered as a refund delivery product facilitator.

Applies the penalty for understatements of taxpayer liability by tax return preparers to tax submissions other than tax returns or claims for refunds.

Prohibits the Secretary from filing a notice of lien with respect to any taxpayer unless: (1) the lien attaches to distrainable property, (2) the Secretary determines that the benefit to the government of filing outweighs the harm to the taxpayer and that the filing will not jeopardize the taxpayer's ability to comply with the internal revenue laws and to continue to secure funding to maintain business operations, (3) the Secretary notifies the taxpayer that the Secretary has determined to file such notice, and (4) the taxpayer is afforded an opportunity to appeal that determination. Requires the Secretary to consider specified factors in making such determination, including the amount due, the value of the taxpayer's equity in or rights to property, the taxpayer's compliance history, and the effect of the lien filing on the taxpayer's ability to obtain financing, generate future income, and pay current and future tax liabilities.

Prohibits persons licensed to practice before the Department of the Treasury from directly or indirectly offering or providing audit insurance.

Authorizes the National Taxpayer Advocate to issue Taxpayer Advocate directives for granting relief to taxpayers.

Expresses the sense of Congress that the IRS should take specified steps within two years to improve service to taxpayers.

Authorizes the Secretary to: (1) award demonstration project grants to provide accounts in federally insured depository institutions to taxpayers who do not currently have an account with a financial institution; (2) study the feasibility of, and establish a pilot program on, delivering tax refunds on debit cards or other electronic means for taxpayers who do not have access to financial accounts or institutions; (3) identify legislative and administrative changes that would enable the IRS to receive and process information reporting documents before it processes tax returns; and (4) assess the effectiveness of collection alternatives, especially offers in compromise, on long-term tax compliance.

Requires de novo review in U.S. Tax Court of any determination by the IRS with respect to a claim for equitable innocent spouse relief.

]]> Taxpayer Bill of Rights Act of 2012 Short Titles as Introduced Taxpayer Bill of Rights Act of 2012 Display Title Taxpayer Bill of Rights Act of 2012 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide taxpayer protection and assistance, and for other purposes. Introduced in Senate 2012-06-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s3355is/xml/BILLS-112s3355is.xml 2012-06-28 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.