[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 5072 Introduced in Senate (IS)]

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119th CONGRESS
  2d Session
                                S. 5072

  To amend the Internal Revenue Code of 1986 to require the Internal 
  Revenue Service to send quarterly notices to taxpayers with unpaid 
                               balances.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             July 22, 2026

 Mr. Lujan (for himself and Mr. Cornyn) introduced the following bill; 
     which was read twice and referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
  To amend the Internal Revenue Code of 1986 to require the Internal 
  Revenue Service to send quarterly notices to taxpayers with unpaid 
                               balances.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Taxpayer Transparency and Notice 
Act''.

SEC. 2. QUARTERLY NOTICES TO CERTAIN TAXPAYERS WITH DELINQUENCIES.

    (a) In General.--Section 7524 of the Internal Revenue Code of 1986 
is amended--
            (1) in the heading, by striking ``annual notice'' and 
        inserting ``notice'',
            (2) by striking ``Not less often than annually'' and 
        inserting the following:
    ``(a) In General.--Except as provided in subsection (b), not less 
often than quarterly'', and
            (3) by adding at the end the following:
    ``(b) Information on Penalties and Interest.--The notice described 
in subsection (a) shall include--
            ``(1) an estimate of the amount of penalties and interest 
        that may accrue if the delinquent tax debt is not fully paid 
        within the period remaining under section 6502(a), and
            ``(2) programs and services that can provide assistance to 
        the taxpayer.
    ``(c) Exception.--The requirement under subsection (a) shall not 
apply--
            ``(1) during any period in which an agreement described in 
        section 6159(a) or an accepted offer-in-compromise (as 
        described in section 7122) is in effect, or
            ``(2) in the case of a taxpayer for which the Secretary has 
        determined that the tax is not collectible (within the meaning 
        of section 6343(e)).''.
    (b) Conforming Amendment.--The table of sections for chapter 77 of 
such Code is amended by striking the item relating to section 7524 and 
inserting the following new item:

``Sec. 7524. Notice of tax delinquency.''.
    (c) Effective Date.--The amendments made by this section shall take 
effect on the date which is 24 months after the date of enactment of 
this Act.
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