US Federal 2023-2024 Regular Session

US Federal House Bill HB2062

Introduced
3/29/23  

Caption

To provide for a limitation on availability of funds for Department of Treasury, Internal Revenue Service, Business Systems Modernization for fiscal year 2024.

Impact

The bill is expected to have direct effects on the IRS's capacity to update and maintain its business systems, which play a foundational role in the agency's operations. By restricting the budget for modernization, there may be prolonged reliance on outdated systems, potentially leading to inefficiencies including delays in processing tax returns and responding to taxpayer inquiries. Critics may argue that such limitations could hinder improvements needed to better serve taxpayers and enhance compliance.

Summary

House Bill 2062 seeks to impose a limitation on the availability of funds for the Department of Treasury's Internal Revenue Service (IRS) Business Systems Modernization program for the fiscal year 2024. Specifically, it caps the appropriated funds at $150 million, which is a significant point of contention given that modernization of IRS systems is crucial for efficient tax administration. The bill's sponsors argue that such limitations can help control government spending and prioritize fiscal responsibility.

Contention

Debate around HB 2062 is likely to focus on the balance between fiscal responsibility and the need for operational effectiveness within the IRS. Supporters of the funding limitation assert that it is a reasonable measure in the context of broader budgetary constraints, while opponents fear it may undermine the ability of the IRS to function effectively and adapt to evolving technological and taxpayer needs. The discourse may also reflect broader ideological differences regarding government spending and the role of federal agencies.

Companion Bills

No companion bills found.

Previously Filed As

US SB325

Creating the vehicle services modernization task force, providing limitations on expenditures of county treasurer motor vehicle fee funds and authorizing county treasurers to charge certain increased fees for vehicle registration transactions.

US HB23

Family and Small Business Taxpayer Protection Act This bill rescinds certain unobligated amounts made available to the Internal Revenue Service by the Inflation Reduction Act of 2022 for its enforcement activities and for funding certain Department of the Treasury tax agencies.

US SB404

House Substitute for SB 404 by Committee on Transportation - Creating the vehicle services modernization task force, providing limitations on expenditures of the county treasurer motor vehicle fee funds and authorizing county treasurers to charge certain increased fees for vehicle registration transactions.

US HB2062

To amend the Internal Revenue Code of 1986 to treat membership in a health care sharing ministry as a medical expense, and for other purposes.

US HB4706

Appropriations: omnibus; appropriations for multiple departments and branches for the fiscal year 2025-2026 and supplemental appropriations for fiscal year 2024-2025; provide for. Creates appropriation act.

US HB1106

An Act For The Office Of The Treasurer Of State Appropriation For The 2025-2026 Fiscal Year.

US HB25

FairTax Act of 2023 This bill imposes a national sales tax on the use or consumption in the United States of taxable property or services in lieu of the current income taxes, payroll taxes, and estate and gift taxes. The rate of the sales tax will be 23% in 2025, with adjustments to the rate in subsequent years. There are exemptions from the tax for used and intangible property; for property or services purchased for business, export, or investment purposes; and for state government functions. Under the bill, family members who are lawful U.S. residents receive a monthly sales tax rebate (Family Consumption Allowance) based upon criteria related to family size and poverty guidelines. The states have the responsibility for administering, collecting, and remitting the sales tax to the Treasury. Tax revenues are to be allocated among (1) the general revenue, (2) the old-age and survivors insurance trust fund, (3) the disability insurance trust fund, (4) the hospital insurance trust fund, and (5) the federal supplementary medical insurance trust fund. No funding is authorized for the operations of the Internal Revenue Service after FY2027. Finally, the bill terminates the national sales tax if the Sixteenth Amendment to the Constitution (authorizing an income tax) is not repealed within seven years after the enactment of this bill.

US SB2115

Oklahoma Department of Veterans Affairs; exempting funds from certain provisions; establishing certain requirements for Department; allowing funds to be deposited into certain accounts; exempting funds from fiscal year limitations. Effective date.

US HB203

No Hires for the Delinquent IRS Act This bill prohibits the hiring of additional Internal Revenue Service (IRS) employees until the Department of the Treasury publicly issues a written certification that the IRS does not employ any individual who has a seriously delinquent tax debt (i.e., an outstanding tax debt for which a notice of lien has been filed in public records).

US HB5440

To amend the Internal Revenue Code of 1986 to establish a tax credit for small businesses to provide diaper changing stations in restrooms.

Similar Bills

No similar bills found.