[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 5144 Introduced in Senate (IS)]

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119th CONGRESS
  2d Session
                                S. 5144

  To amend the Internal Revenue Code of 1986 to eliminate installment 
                agreement fees for certain individuals.


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                   IN THE SENATE OF THE UNITED STATES

                             July 28, 2026

  Mr. Bennet introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

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                                 A BILL


 
  To amend the Internal Revenue Code of 1986 to eliminate installment 
                agreement fees for certain individuals.

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

SECTION 1. INSTALLMENT AGREEMENT FEES ELIMINATED FOR CERTAIN 
              INDIVIDUALS.

    (a) In General.--Section 6159(f) of the Internal Revenue Code of 
1986 is amended by striking paragraph (2) and inserting the following:
            ``(2) Waiver.--No fee shall be imposed on an installment 
        agreement under this section in the case of any taxpayer with 
        an adjusted gross income, as determined for the most recent 
        year for which such information is available, which does not 
        exceed 250 percent of the applicable poverty level (as 
        determined by the Secretary).''.
    (b) Effective Date.--The amendment made by this section shall apply 
to installment agreements entered into after the date which is 12 
months after the date of enactment of this Act.
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