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IRS Funding Shift: Unused Funds for New External Revenue Service

This bill proposes to take back unused funds originally allocated for strengthening the Internal Revenue Service (IRS). Instead, these funds would be used to establish and manage a new agency called the External Revenue Service. Citizens might experience changes in how their taxes are processed and how they interact with tax authorities.
Key points
Unused IRS enhancement funds will be rescinded.
These funds are intended for establishing a new External Revenue Service.
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Introduced
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Additional Information
Print number: 119_S_175
Sponsor: Sen. Moreno, Bernie [R-OH]
Process start date: 2025-01-21