[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4661 Introduced in House (IH)]







106th CONGRESS
  2d Session
                                H. R. 4661

To amend the Internal Revenue Code of 1986 to permit the disclosure of 
 return information to verify the accuracy of information provided on 
            applications for Federal student financial aid.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             June 14, 2000

  Mr. Hoekstra (for himself and Mr. Moran of Virginia) introduced the 
 following bill; which was referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to permit the disclosure of 
 return information to verify the accuracy of information provided on 
            applications for Federal student financial aid.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. VERIFICATION OF INFORMATION PROVIDED ON APPLICATIONS FOR 
              FEDERAL STUDENT FINANCIAL AID.

    (a) In General.--Subsection (l) of section 6103 of the Internal 
Revenue Code of 1986 (relating to disclosure of returns and return 
information for purposes other than tax administration) is amended by 
adding at the end the following new paragraph:
            ``(18) Disclosure of return information to verify 
        information provided on applications for federal student 
        financial aid.--
                    ``(A) In general.--The Secretary shall, upon 
                written request from the Secretary of Education, 
                disclose to officers and employees of the Department of 
                Education return information with respect to a taxpayer 
                who has submitted to the Secretary of Education the 
                common financial reporting form prescribed under 
                section 483 of the Higher Education Act of 1965. Such 
                return information shall be limited to--
                            ``(i) taxpayer identity information with 
                        respect to such taxpayer,
                            ``(ii) the filing status of such taxpayer, 
                        and
                            ``(iii) the adjusted gross income of such 
                        taxpayer.
                    ``(B) Restriction on use of disclosed 
                information.--Return information disclosed under 
                subparagraph (A) may be used by officers and employees 
                of the Department of Education only for the purposes 
                of, and to the extent necessary in, verifying the 
                information contained on the common financial reporting 
                form referred to in subparagraph (A).''
    (b) Conforming Amendments.--Section 6103(p) of such Code is 
amended--
            (1) in paragraph (3)(A), by striking ``or (17)'' and 
        inserting ``(17), or (18)'';
            (2) in paragraph (4), by striking ``or (17)'' and inserting 
        ``, (17), or (18)'' in the matter preceding subparagraph (A); 
        and
            (3) in paragraph (4)(F)(ii), by striking ``or (17)'' and 
        inserting ``, (17), or (18)''.
    (c) Effective Date.--The amendments made by this section shall take 
effect on the date of the enactment of this Act.
                                 <all>