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Installation Agreement Affordability Act
12/30/2022, 5:32 PM
Summary of Bill HR 3736
Bill 117 HR 3736, also known as the Installation Agreement Affordability Act, was introduced in the US Congress with the aim of addressing the rising costs associated with installation agreements for various services. The bill seeks to make these agreements more affordable for consumers by implementing certain measures.
One key provision of the bill is the requirement for service providers to clearly outline all costs associated with installation agreements upfront, including any potential fees or charges that may be incurred. This transparency is intended to help consumers make more informed decisions when entering into these agreements.
Additionally, the bill includes provisions aimed at preventing service providers from engaging in deceptive practices or misleading consumers about the terms of installation agreements. This is meant to protect consumers from being taken advantage of by unscrupulous providers. Overall, the Installation Agreement Affordability Act is designed to promote fairness and affordability in the realm of installation agreements, ensuring that consumers are able to access the services they need without facing exorbitant costs or deceptive practices.
One key provision of the bill is the requirement for service providers to clearly outline all costs associated with installation agreements upfront, including any potential fees or charges that may be incurred. This transparency is intended to help consumers make more informed decisions when entering into these agreements.
Additionally, the bill includes provisions aimed at preventing service providers from engaging in deceptive practices or misleading consumers about the terms of installation agreements. This is meant to protect consumers from being taken advantage of by unscrupulous providers. Overall, the Installation Agreement Affordability Act is designed to promote fairness and affordability in the realm of installation agreements, ensuring that consumers are able to access the services they need without facing exorbitant costs or deceptive practices.
Congressional Summary of HR 3736
Installation Agreement Affordability Act
This bill revises provisions allowing a waiver of the fee imposed on installment agreements paid by electronic payment through a debit instrument to extend eligibility for such waiver to all taxpayers regardless of income.
Read the Full Bill
Current Status of Bill HR 3736
Bill HR 3736 is currently in the status of Bill Introduced since June 4, 2021. Bill HR 3736 was introduced during Congress 117 and was introduced to the House on June 4, 2021. Bill HR 3736's most recent activity was Referred to the House Committee on Ways and Means. as of June 4, 2021
Bipartisan Support of Bill HR 3736
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 3736
Primary Policy Focus
TaxationAlternate Title(s) of Bill HR 3736
Installation Agreement Affordability Act
To amend the Internal Revenue Code of 1986 to waive the fee for installment agreements paid by electronic payment through a debit instrument.
Installation Agreement Affordability Act
Comments
Sponsors and Cosponsors of HR 3736
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