S.4298 Cosponsored — A bill to provide appropriations for the Internal Revenue Service to overhaul technology and strengthen enforcement, and for other purposes.
Provide appropriations for the IRS to overhaul technology and strengthen enforcement.
Occurrences
Evidence
Section 10301 appropriated IRS funding including $45,637,400,000 for enforcement, $25,326,400,000 for operations support including information technology, and $4,750,700,000 for Business Systems Modernization, available through September 30, 2031.
The Senate vote on passage of H.R.5376, as amended, passed 50-50 with the Vice President voting Yea; Gary Peters (D-MI) is recorded as Yea.
Congress.gov records that H.R.5376 passed the Senate on August 7, 2022, passed final House action on August 12, 2022, was signed by the President on August 16, 2022, and became Public Law No. 117-169.
The IRS plan lists IRA allocations of $45.6 billion for Enforcement, $25.3 billion for Operations Support, $4.8 billion for Business Systems Modernization, and describes expanding enforcement for large corporations, partnerships, high-income and high-wealth individuals, and complex issues.
IRS said Inflation Reduction Act resources helped surpass $1 billion in collections from high-wealth taxpayers with past-due taxes and supported expanded enforcement involving wealthy individuals, complex partnerships, and large corporations.
Section 251 rescinded $1,389,525,000 of unobligated balances made available for IRS activities under section 10301 of Public Law 117-169.
Assessments
The Inflation Reduction Act of 2022 enacted direct IRS appropriations matching the promise: about $45.6 billion for enforcement, $25.3 billion for operations support including information technology, and $4.75 billion for business systems modernization, available through FY2031. Gary Peters was a sitting U.S. Senator and voted yea on final Senate passage, which passed 50-50 with the Vice President breaking the tie, so his vote materially advanced enactment during the same term. Later partial rescissions did not eliminate the core appropriations, and IRS implementation and collection results show the funds were used for modernization and stronger enforcement.