IRS Improper Payments Act

12/15/2023, 4:06 PM

Summary of Bill S 1054

Bill 118 s 1054, also known as the IRS Improper Payments Act, is a piece of legislation introduced in the United States Congress. The main goal of this bill is to address and reduce improper payments made by the Internal Revenue Service (IRS). Improper payments refer to payments made by the government that are incorrect, either due to errors or fraud.

The bill requires the IRS to conduct regular assessments of its programs and activities to identify areas where improper payments may be occurring. It also mandates the IRS to develop and implement strategies to prevent and reduce these improper payments. Additionally, the bill requires the IRS to report to Congress on its progress in reducing improper payments and to provide updates on any corrective actions taken.

Overall, the IRS Improper Payments Act aims to increase accountability and transparency within the IRS and ensure that taxpayer dollars are being used efficiently and effectively. By addressing improper payments, the bill seeks to protect taxpayer funds and improve the overall integrity of the IRS.

Congressional Summary of S 1054

IRS Improper Payments Act

This bill directs the Internal Revenue Service (IRS) to establish annual targets for reducing improper tax payments (i.e., a tax credit or refund that should not have been made or was made in an incorrect amount). The IRS must designate an official responsible for meeting such reduction targets and develop recommendations and legislative proposals designed to reduce improper tax payments.

Current Status of Bill S 1054

Bill S 1054 is currently in the status of Bill Introduced since March 29, 2023. Bill S 1054 was introduced during Congress 118 and was introduced to the Senate on March 29, 2023.  Bill S 1054's most recent activity was Read twice and referred to the Committee on Homeland Security and Governmental Affairs. as of March 29, 2023

Bipartisan Support of Bill S 1054

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

Policy Area and Potential Impact of Bill S 1054

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 1054

IRS Improper Payments ActIRS Improper Payments ActA bill to reduce improper payments and eliminate waste in Federal programs, and for other purposes.
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