To amend the Internal Revenue Code of 1986 to modify the mandatory delay in making certain refunds.

Bill 117 hr 6460, also known as the "Refund Timing Accuracy and Improvement Act," aims to make changes to the Internal Revenue Code of 1986 in order to adjust the mandatory delay in issuing certain tax refunds. The bill seeks to improve the accuracy and efficiency of the refund process for taxpayers.

Specifically, the bill proposes modifications to the current rules regarding the timing of refunds for taxpayers who claim the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC). These taxpayers often face delays in receiving their refunds due to the complexity of their tax situations.

The proposed changes in Bill 117 hr 6460 would aim to streamline the refund process for these taxpayers, potentially reducing the wait time for their refunds. By making these adjustments, the bill seeks to ensure that taxpayers who rely on these credits receive their refunds in a timely manner. Overall, the Refund Timing Accuracy and Improvement Act is designed to address the challenges faced by taxpayers claiming the EITC and ACTC and to improve the efficiency of the refund process within the Internal Revenue Service.