118 S3199 IS: Increasing Rightful Sentences Act U.S. Senate 2023-11-02 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.
II118th CONGRESS1st SessionS. 3199IN THE SENATE OF THE UNITED STATESNovember 2, 2023Mr. Daines introduced the following bill; which was read twice and referred to the Committee on FinanceA BILLTo amend the Internal Revenue Code of 1986 to increase penalties for unauthorized disclosure of taxpayer information.
1.
Short title
This Act may be cited as the Increasing Rightful Sentences Act or the IRS Act.
2.
Increase in penalties for unauthorized disclosures of taxpayer information
(a)
In general
Paragraphs (1), (2), and (3) of section 7213(a) of the Internal Revenue Code of 1986 are each amended by striking a fine in any amount not exceeding $5,000, or imprisonment of not more than 5 years and inserting , with respect to each person whose return or return information was disclosed, a fine in any amount not less than $5,000 and not greater than $10,000, or imprisonment of not more than 10 years.(b)
Solicitation
Paragraph (4) of section 7213(a) of the Internal Revenue Code of 1986 is amended by striking a fine in any amount not exceeding $5,000, or imprisonment of not more than 5 years and inserting , with respect to each person whose return or return information was received, a fine in any amount not less than $5,000 and not greater than $10,000, or imprisonment of not more than 10 years.(c)
Shareholders
Paragraph (5) of section 7213(a) of the Internal Revenue Code of 1986 is amended by striking a fine in any amount not to exceed $5,000, or imprisonment of not more than 5 years and inserting , with respect to each corporation or subsidiary thereof for which return or return information was disclosed, a fine in any amount not less than $5,000 and not greater than $10,000, or imprisonment of not more than 10 years.(d)
Effective date
The amendments made by this section shall apply to disclosures made after the date of the enactment of this Act.