[Congressional Record Volume 171, Number 112 (Saturday, June 28, 2025)]
[Senate]
[Page S4026]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 2625. Mr. REED submitted an amendment intended to be proposed by
him to the bill H.R. 1, to provide for reconciliation pursuant to title
II of H. Con. Res. 14; which was ordered to lie on the table; as
follows:
At the appropriate place, insert the following:
SEC. _____. REFUND TIMELINE.
(a) In General.--Section 6402 is amended by adding at the
end the following new subsection:
``(o) Required Timeline for Refunds to Certain Taxpayers.--
``(1) In general.--In the case of a taxpayer who files a
simple return electronically, the Secretary shall pay any
refund of an overpayment due to such taxpayer not later than
3 weeks after the date such return is accepted.
``(2) Simple return.--For purposes of paragraph (1), the
term `simple return' means a return--
``(A) which includes only income reported on Forms W-2,
SSA-1099, 1099-G, 1099-INT, 1099-R, and, in the case of
Alaska residents reporting the Alaska Permanent Fund
Dividend, 1099-MISC, and
``(B) which does not include income in excess of--
``(i) in the case of a joint return--
``(I) $250,000 in the aggregate, and
``(II) $200,000 for either spouse ($168,600, if the
individual has wages from more than 1 employer),
``(ii) $200,000 ($168,600, if the individual has wages from
more than 1 employer) in the case of a head of a household
(as defined in section 2(b)), and
``(iii) $125,000, in any other case.
A return shall not fail to be treated as a simple return
solely because such return includes a claim of the credit
under section 21, 24, 25A, 25B, or 32, or a deduction under
section 219 or 221.''.
(b) Authorization of Appropriations.--There are hereby
authorized to be appropriated to the Secretary of the
Treasury such sums as are necessary to carry out the purposes
of the amendment made by subsection (a).
(c) Effective Date.--The amendment made by this section
shall apply to returns for taxable years beginning after
December 31, 2024.
______