Legislative update: Ways and Means approves tax bills

Legislative update: Ways and Means approves tax bills

The House Ways and Means Committee today approved three bills:

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  • H.R. 5053, The Preventing IRS Abuse and Protecting Free Speech Act, that would prohibit the IRS from collecting donor information on the annual information returns of section 501(c) organizations. Exceptions would be provided for information relating to prohibited tax shelter transactions and contributions by officers, directors, or covered employees of the 501(c) organization. Passed with a roll call vote of 23-15.
  • H.R. 3832, The Stolen Identity Refund Fraud Prevention Act of 2015, that contains a number of provisions related to identity theft—including provisions regarding increased notification to victims, increased penalties for the use of a false identity, and increased ability for tax fraud victims to prevent the processing of electronic returns. Passed by voice vote.
  • H.R. 3209, The Recovering Missing Children Act, that would allow certain federal law enforcement officers to obtain tax return and related information in cases of missing or exploited children and to share that information with state and local law enforcement agencies. Passed by voice vote.

The bills will now be referred to the full House of Representatives for possible consideration. A date has not been set for the House to consider the bills.

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