Taxpayer Fairness Fund Act of 2020
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jul 16, 2020)
Taxpayer Fairness Fund Act of 2020
This bill establishes the Taxpayer Fairness Fund to enhance Internal Revenue Service (IRS) enforcement activities. The fund provides amounts for the hiring, training, and employment of IRS personnel to determine and collect owed taxes from individuals with annual incomes of $500,000 or more and corporations with assets valued at $5 million or more. The fund is financed by voluntary designations of certain taxpayers on their tax returns of $5.00 from overpayment of tax.
What just happenedJul 16, 2020
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseJul 16, 2020
- Jul 16, 2020IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jul 16, 2020Committee
Referred to the Subcommittee on Select Revenue Measures.
Tax Subcommittee - Jul 16, 2020IntroReferralIntro-H
Introduced in House
- Jul 16, 2020IntroReferral1000
Introduced in House