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Senate Committee Approves Budget Calls For $11.5B In IRS Funding Up $200 Million From 2019 Budget!

Senate Committee Approves Budget Calls For $11.5B In IRS Funding Up $200 Million From 2019 Budget!

On March 20, 2019, we posted 2020 Budget Calls For $11.5B In IRS Funding Up $200 Million From 2019 Budget!, where we discussed that President Donald Trump’s budget for fiscal year 2020 calls for $11.5 billion in funding for the Internal Revenue Service, up from $11.3 billion in the current fiscal year and that a slight $200 million increase in the Internal Revenue Service budget does little to make up for $845 million in lost funding over the last 10 years,” the union said in a statement.
 

 

Now the Senate Appropriations Committee on September 19, 2019 voted to advance the FY2020 Financial Services and General Government Appropriations Act, which funds the U.S. Treasury Department and the IRS. The measure provides $11.414 billion for the IRS, including $200 million more than the FY2019 enacted level for enforcement activities to address the tax gap.

The Senate funding for IRS, however, falls short of the House-passed Financial Services and General Government Appropriations Act, 2020 (H.R. 3351) which would provide $12 billion for the IRS, nearly a $700 million increase from the FY2019 enacted level. 

In addition, the Senate bill includes:
  • A prohibition on IRS funds for bonuses or to rehire former employees unless employee conduct and tax compliance is given consideration;
  • A prohibition on funds for the IRS to target groups for regulatory scrutiny based on their ideological beliefs;
  • A prohibition on funds for the IRS to target individuals for exercising their First Amendment rights. 
 
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Read more at: Tax Times blog

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