119 S5072 IS: Taxpayer Transparency and Notice Act U.S. Senate 2026-07-22 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.

II119th CONGRESS2d SessionS. 5072IN THE SENATE OF THE UNITED STATESJuly 22, 2026Mr. Luján (for himself and Mr. Cornyn) introduced the following bill; which was read twice and referred to the Committee on FinanceA BILLTo amend the Internal Revenue Code of 1986 to require the Internal Revenue Service to send quarterly notices to taxpayers with unpaid balances.

1.

Short title

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

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.