3.0.0 5368 2023-01-11T13:40:08Z 2023-01-11T13:40:08Z House HR 2018-03-21 115 [Congressional Record Volume 164, Number 49 (Wednesday, March 21, 2018)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BISHOP of Michigan:H.R. 5368.Congress has the power to enact this legislation pursuantto the following:Article I, Section 7, Clause 1 stating ``All Bills forraising Revenue shall originate in the House ofRepresentatives:Article I, Section 8, Clause 1 stating ``The Congress shallhave the power to lay and collect Taxes'' and Clause 18stating that it has the power to ``make all laws which shallbe necessary and proper for carrying into execution theforegoing powers.''[Page H1755]]]> hswm00 Ways and Means Committee House Standing Referred to 2018-03-21T14:02:00Z 2018-03-21 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2018-03-21 Introduced in House IntroReferral Intro-H 9 Library of Congress 2018-03-21 Introduced in House IntroReferral 1000 9 Library of Congress B001293 Rep. Bishop, Mike [R-MI-8] Mike Bishop R MI 8 N W000813 Rep. Walorski, Jackie [R-IN-2] Jackie Walorski R IN 2 2018-03-21 True R000586 Rep. Renacci, James B. [R-OH-16] James Renacci R OH B. 16 2018-03-21 True Taxation Administrative law and regulatory procedures Advisory bodies Computer security and identity theft Congressional oversight Department of the Treasury Digital media Fraud offenses and financial crimes Government studies and investigations Income tax credits Internal Revenue Service (IRS) Public-private cooperation Right of privacy Tax administration and collection, taxpayers Taxation 00 2018-03-21 Introduced in House 2018-11-05T17:57:52Z Taxpayer ID Protection and Fraud Prevention Act

This bill amends the Internal Revenue Code to establish or modify various requirements related to protecting taxpayer identities and filing tax returns electronically.

The bill requires:

  • tax refunds for electronically filed returns to be made by electronic funds transfer with certain exceptions;
  • the Internal Revenue Service (IRS), to the maximum extent practicable, to allow income tax refunds to be made by electronic funds transfer to prepaid debit cards, Direct Express cards, digital wallets, and other secure electronic payment methods;
  • the IRS to report to Congress annually on improper payments made by the IRS;
  • the IRS to work collaboratively with the public and private sectors to protect taxpayers from identity theft refund fraud; and
  • the Department of the Treasury to ensure that the Electronic Tax Administration Advisory Committee studies (including by providing organized public forums) and makes recommendations to Treasury regarding methods to prevent identity theft refund fraud.

The bill also:

  • decreases from 250 to 25 the minimum number of tax returns a taxpayer must be required to file during the year to allow the IRS to require electronic filing, and
  • changes the earliest date on which credits or refunds may be made for the child tax credit or the earned income tax credit to the 1st day of the third month (currently the 15th day of the second month) following the close of the taxable year.
]]> Taxpayer ID Protection and Fraud Prevention Act Display Title Taxpayer ID Protection and Fraud Prevention Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to require that certain tax refunds be made by electronic funds transfer, and for other purposes. Introduced in House IH Short Titles as Introduced Taxpayer ID Protection and Fraud Prevention Act Introduced in House 2018-03-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr5368ih/xml/BILLS-115hr5368ih.xml 2018-03-21 Referred to the House Committee on Ways and Means. 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.