A bill to amend the Internal Revenue Code of 1986 to eliminate installment agreement fees for certain individuals.

This bill changes federal tax law so that the IRS could not charge a fee to set up a payment plan (installment agreement) for paying taxes owed by certain taxpayers. The fee would be waived for any taxpayer whose adjusted gross income, based on the most recent year available, is at or below 250 percent of the poverty level set by the Treasury Secretary. The change would apply to payment plans entered into starting 12 months after the bill becomes law.

Full text and official record on Congress.gov

Sponsors

• Michael F. Bennet Democrat sponsor
• 0 cosponsors