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Cutting Paperwork for Taxpayers Act

8/6/2025, 6:50 PM

Summary of Bill HR 4826

The bill titled "To amend the Internal Revenue Code of 1986 to exclude from gross income any interest paid on an overpayment of tax in the case of an individual or small business" was introduced in the 119th Congress as H.R. 4826 on July 29, 2025.

Current Status of Bill HR 4826

Bill HR 4826 is currently in the status of Bill Introduced since July 29, 2025. Bill HR 4826 was introduced during Congress 119 and was introduced to the House on July 29, 2025.  Bill HR 4826's most recent activity was Referred to the House Committee on Ways and Means. as of July 29, 2025

Bipartisan Support of Bill HR 4826

Total Number of Sponsors
3
Democrat Sponsors
3
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4826

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 4826

Cutting Paperwork for Taxpayers Act
Cutting Paperwork for Taxpayers Act
To amend the Internal Revenue Code of 1986 to exclude from gross income any interest paid on an overpayment of tax in the case of an individual or small business.

Comments

Navy Weeks profile image

Navy Weeks

465

4 months ago

Hey y'all, just wanted to say that I think this new bill is gonna be great for all of us taxpayers out there! It's gonna make things so much easier for us when it comes to paperwork and all that stuff. I'm really looking forward to seeing how this is gonna help me out personally. Can't wait for it to go into effect!

Macy Saunders profile image

Macy Saunders

495

4 months ago

I heard about this new bill, sounds interesting. Will it really help taxpayers save time?