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Strengthening Taxpayer Recoveries Act

3/13/2024, 6:58 AM

Summary of Bill S 2664

Bill 118 s 2664, also known as the Strengthening Taxpayer Recoveries Act, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to enhance the ability of taxpayers to recover funds that have been wrongfully taken from them by the government.

One key provision of the bill is the establishment of a new office within the Department of Justice dedicated to overseeing taxpayer recovery efforts. This office would be responsible for investigating cases of government misconduct, such as fraud or abuse, and working to ensure that taxpayers are fairly compensated for any losses they have suffered.

Additionally, the bill includes measures to streamline the process for taxpayers to file claims and seek restitution. This includes providing greater access to legal resources and support for individuals who believe they have been wronged by the government. Overall, the Strengthening Taxpayer Recoveries Act aims to improve transparency and accountability in government operations, and to ensure that taxpayers are able to seek justice and recover funds that are rightfully theirs. It is currently being debated in Congress, with supporters arguing that it will help to protect the rights of taxpayers and hold the government accountable for any wrongdoing.

Current Status of Bill S 2664

Bill S 2664 is currently in the status of Bill Introduced since July 27, 2023. Bill S 2664 was introduced during Congress 118 and was introduced to the Senate on July 27, 2023.  Bill S 2664's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of July 27, 2023

Bipartisan Support of Bill S 2664

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
0
Republican Cosponsors
6
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 2664

Primary Policy Focus

Commerce

Alternate Title(s) of Bill S 2664

Strengthening Taxpayer Recoveries Act
Strengthening Taxpayer Recoveries Act
A bill to prohibit the suspension of collections on loans made to small businesses related to COVID-19, and for other purposes.

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