Presidential Tax Accountability and Audit Integrity Act

This bill would bar the Treasury Secretary from making any agreement, order, waiver, release, or similar instrument that affects a federal tax matter involving a sitting President, the President's relatives, or related persons and businesses. The IRS would have to ignore any such instrument when enforcing tax laws, including ones made on or after January 20, 2025. The Secretary would have to report to Congress and the public, within 7 days and then every 30 days, which taxpayers such an instrument covers and what actions were taken. For instruments made after January 20, 2025, the time limit to assess or collect the affected taxes would be extended until at least 3 years after the President leaves office.

Full text and official record on Congress.gov

Sponsors

• Richard E. Neal Democrat sponsor
• 18 cosponsors