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No Tax on Wrongful Delay Act of 2026
2/5/2026, 4:23 AM
Summary of Bill S 3587
The No Tax on Wrongful Delay Act of 2026, designated as S. 3587 in the 119th Congress and introduced on January 7, 2026, focuses on preventing taxation related to delays caused by circumstances beyond the taxpayer's control. Specific provisions and directives of the bill are not outlined in the provided context information.
Read the Full Bill
Current Status of Bill S 3587
Bill S 3587 is currently in the status of Bill Introduced since January 7, 2026. Bill S 3587 was introduced during Congress 119 and was introduced to the Senate on January 7, 2026. Bill S 3587's most recent activity was Read twice and referred to the Committee on Finance. as of January 7, 2026
Bipartisan Support of Bill S 3587
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3587
Primary Policy Focus
Alternate Title(s) of Bill S 3587
A bill to amend the Internal Revenue Code of 1986 to provide an exemption from gross income for interest paid to taxpayers by the Internal Revenue Service following an audit or litigation in which the taxpayer prevailed.
A bill to amend the Internal Revenue Code of 1986 to provide an exemption from gross income for interest paid to taxpayers by the Internal Revenue Service following an audit or litigation in which the taxpayer prevailed.
Comments
Sponsors and Cosponsors of S 3587
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