3.0.0 1100 2022-11-01T19:32:22Z 2022-11-05T19:26:06Z Senate S 2019-04-09 116 ssfi00 Finance Committee Senate Standing Referred to 2019-04-09T23:10:54Z Great American Outdoors Act 116 1957 HR 2020-08-04 Became Public Law No: 116-152. Related bill CRS Taxpayer First Act 116 3151 HR 2019-07-01 Became Public Law No: 116-25. Related bill CRS Taxpayer First Act of 2019 116 928 S 2019-03-28 Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2091) Related bill CRS To require the Secretary of the Treasury to establish a program for the automated disclosure of taxpayer information for third-party income verification, and for other purposes. 116 2007 HR 2019-04-01 Referred to the House Committee on Ways and Means. Identical bill CRS 2019-04-09 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2019-04-09 Introduced in Senate IntroReferral 10000 9 Library of Congress B001288 Sen. Booker, Cory A. [D-NJ] Cory Booker D NJ N S001184 Sen. Scott, Tim [R-SC] Tim Scott R SC 2019-04-09 True H001076 Sen. Hassan, Margaret Wood [D-NH] Maggie Hassan D NH 2019-04-09 True 2019-05-07 Y000064 Sen. Young, Todd [R-IN] Todd Young R IN C. 2019-04-09 True 2019-05-07 C000880 Sen. Crapo, Mike [R-ID] Mike Crapo R ID 2019-05-07 False Taxation Government trust funds Internet and video services Internet, web applications, social media Tax administration and collection, taxpayers User charges and fees Taxation 00 2019-04-09 Introduced in Senate 2019-05-29T19:11:09Z This bill requires the Internal Revenue Service (IRS) to implement a program to ensure that certain disclosures of tax returns or return information for third-party income verification are (1) fully automated and accomplished through the Internet, and (2) accomplished in as close to real-time as is practicable.

The requirement applies to IRS disclosures of returns or return information to a person verifying the income or creditworthiness of a taxpayer who is a borrower in the process of a loan application.

In implementing the program, the IRS must (1) ensure that the program complies with applicable security standards and guidelines; and (2) assess and collect a fee for the disclosures at rates that are sufficient to cover the costs related to implementing the program, including the costs of necessary infrastructure or technology.

]]> A bill to institute a program for the disclosure of taxpayer information for third-party income verification through the Internet. Display Title A bill to institute a program for the disclosure of taxpayer information for third-party income verification through the Internet. Official Title as Introduced A bill to institute a program for the disclosure of taxpayer information for third-party income verification through the Internet. Introduced in Senate IS Introduced in Senate 2019-04-09T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s1100is/xml/BILLS-116s1100is.xml 2019-04-09 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.