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To rescind certain balances made available to the Internal Revenue Service and redirect them to the U.S. Customs and Border Protection.
1/14/2025, 9:20 AM
Summary of Bill HR 374
Bill 119 HR 374, also known as the "Rescinding IRS Balances and Redirecting to Customs and Border Protection Act," aims to rescind certain funds that were previously allocated to the Internal Revenue Service (IRS) and redirect them to the U.S. Customs and Border Protection (CBP).
The bill specifically targets unobligated balances within the IRS budget, meaning funds that have been allocated but not yet spent. These funds would be taken back from the IRS and transferred to the CBP to support their operations and initiatives.
Proponents of the bill argue that the CBP plays a crucial role in protecting the nation's borders and ensuring national security, and that reallocating funds from the IRS to the CBP would better serve the interests of the American people. Opponents of the bill may argue that taking funds away from the IRS could potentially hinder their ability to effectively carry out their duties, such as enforcing tax laws and providing taxpayer services. Overall, Bill 119 HR 374 seeks to reallocate funds from the IRS to the CBP in order to enhance border security and protect the nation's borders.
The bill specifically targets unobligated balances within the IRS budget, meaning funds that have been allocated but not yet spent. These funds would be taken back from the IRS and transferred to the CBP to support their operations and initiatives.
Proponents of the bill argue that the CBP plays a crucial role in protecting the nation's borders and ensuring national security, and that reallocating funds from the IRS to the CBP would better serve the interests of the American people. Opponents of the bill may argue that taking funds away from the IRS could potentially hinder their ability to effectively carry out their duties, such as enforcing tax laws and providing taxpayer services. Overall, Bill 119 HR 374 seeks to reallocate funds from the IRS to the CBP in order to enhance border security and protect the nation's borders.
Congressional Summary of HR 374
Diverting IRS Resources to the Exigent Crisis Today Act or the DIRECT Act
This bill rescinds unobligated funds that were provided for Internal Revenue Service enforcement activities by the Inflation Reduction Act of 2022. It also reallocates the funds to U.S. Customs and Border Protection for the salaries and expenses of new agents and officers hired for the security of the southern border.
Current Status of Bill HR 374
Bill HR 374 is currently in the status of Bill Introduced since January 13, 2025. Bill HR 374 was introduced during Congress 119 and was introduced to the House on January 13, 2025. Bill HR 374's most recent activity was Referred to the Committee on Appropriations, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of January 13, 2025
Bipartisan Support of Bill HR 374
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 374
Primary Policy Focus
Alternate Title(s) of Bill HR 374
To rescind certain balances made available to the Internal Revenue Service and redirect them to the U.S. Customs and Border Protection.
To rescind certain balances made available to the Internal Revenue Service and redirect them to the U.S. Customs and Border Protection.
Comments
Sponsors and Cosponsors of HR 374
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