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IRS Changes: Tax Gap Report and Audit Restrictions

This bill requires the IRS to report on uncollected taxes and limits how the agency can spend extra enforcement money. It prohibits using these funds for audits of individuals earning less than $400,000 and blocks new bank account reporting requirements.
Key points
Requires the IRS to publicly report how much tax is owed but not collected.
Extra IRS money for audits is paused until the report is published.
Prohibits using extra funds for audits of individuals earning under $400,000.
Prohibits using extra funds for new bank account reporting rules or tracking groups based on beliefs.
Directs the IRS to focus audits on high-income individuals who don't file.
Creates a program to hire tax experts to help the IRS with complex cases and offshore tax evasion.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 117_HR_5206
Sponsor: Rep. Brady, Kevin [R-TX-8]
Process start date: 2021-09-10
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-04-17
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To require the Internal Revenue Service to issue a report on the tax gap, to establish a fellowship program within the Internal Revenue Service to recruit mid-career tax professionals to create and participate in an audit task force, and for other purposes.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_5206.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-09-10.

What are the main provisions?

Key points include:

  • Requires the IRS to publicly report how much tax is owed but not collected.
  • Extra IRS money for audits is paused until the report is published.
  • Prohibits using extra funds for audits of individuals earning under $400,000.
  • Prohibits using extra funds for new bank account reporting rules or tracking groups based on beliefs.
  • Directs the IRS to focus audits on high-income individuals who don't file.
  • Creates a program to hire tax experts to help the IRS with complex cases and offshore tax evasion.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Brady, Kevin [R-TX-8].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Taxes