0
0
0
Family and Small Business Taxpayer Protection Act
12/15/2023, 3:53 PM
Summary of Bill HR 23
The Family and Small Business Taxpayer Protection Act, also known as Bill 118 hr 23, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to provide tax relief and protection for families and small businesses.
One key aspect of the bill is the provision of tax credits for families, which would help lower-income families afford essential expenses such as childcare and education. Additionally, the bill aims to simplify the tax code for small businesses, making it easier for them to navigate and comply with tax regulations.
Another important feature of the Family and Small Business Taxpayer Protection Act is the establishment of safeguards to prevent tax fraud and abuse. This includes measures to crack down on identity theft and fraudulent tax returns, as well as increased penalties for those found guilty of tax evasion. Overall, the bill seeks to support and protect families and small businesses by providing tax relief, simplifying the tax code, and preventing tax fraud. It is currently being debated in Congress, with supporters arguing that it will help stimulate economic growth and provide much-needed assistance to those who need it most.
One key aspect of the bill is the provision of tax credits for families, which would help lower-income families afford essential expenses such as childcare and education. Additionally, the bill aims to simplify the tax code for small businesses, making it easier for them to navigate and comply with tax regulations.
Another important feature of the Family and Small Business Taxpayer Protection Act is the establishment of safeguards to prevent tax fraud and abuse. This includes measures to crack down on identity theft and fraudulent tax returns, as well as increased penalties for those found guilty of tax evasion. Overall, the bill seeks to support and protect families and small businesses by providing tax relief, simplifying the tax code, and preventing tax fraud. It is currently being debated in Congress, with supporters arguing that it will help stimulate economic growth and provide much-needed assistance to those who need it most.
Congressional Summary of HR 23
Family and Small Business Taxpayer Protection Act
This bill rescinds certain unobligated amounts made available to the Internal Revenue Service by the Inflation Reduction Act of 2022 for (1) its enforcement activities and operations support, (2) the efile tax return system, and (3) funding the U.S. Tax Court and certain Department of the Treasury tax agencies.
Read the Full Bill
Current Status of Bill HR 23
Bill HR 23 is currently in the status of Bill Introduced since January 9, 2023. Bill HR 23 was introduced during Congress 118 and was introduced to the House on January 9, 2023. Bill HR 23's most recent activity was Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 1. as of January 25, 2023
Bipartisan Support of Bill HR 23
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
164Democrat Cosponsors
0Republican Cosponsors
164Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 23
Primary Policy Focus
TaxationPotential Impact Areas
- Appropriations
- Computers and information technology
- Internal Revenue Service (IRS)
- Specialized courts
- Tax administration and collection, taxpayers
Alternate Title(s) of Bill HR 23
Family and Small Business Taxpayer Protection Act
Family and Small Business Taxpayer Protection Act
Family and Small Business Taxpayer Protection Act
To rescind certain balances made available to the Internal Revenue Service.
Comments
Sponsors and Cosponsors of HR 23
Latest Bills
RED Tape Act
Bill HR 6398April 17, 2026
FENCES Act
Bill HR 6409April 17, 2026
A bill to amend title 23, United States Code, to withhold Federal highway funding from States that issue driver's licenses, commercial driver's licenses, or personal identification cards to individuals without verifying the legal status of those individuals, and for other purposes.
Bill S 4317April 17, 2026
A resolution designating the week of April 13 through April 19, 2026, as "National Osteopathic Medicine Week".
Bill SRES 674April 17, 2026
A resolution supporting the designation of the week of April 11 through April 17, 2026, as "Black Maternal Health Week", founded by Black Mamas Matter Alliance, Inc., to bring national attention to the maternal and reproductive health crisis in the United States and the importance of reducing maternal mortality and morbidity among Black women and birthing people.
Bill SRES 675April 17, 2026
A resolution recognizing and honoring National Mushroom Day and the contributions of Chester and Berks Counties to the national mushroom industry and to healthy diets.
Bill SRES 676April 17, 2026
A resolution expressing the sense of the Sente that the President should prioritize securing the release of Pastor Jin Mingri, Pastor Gao Quanfu and his wife Pang Yu, Dr. Gulshan Abbas, and Jimmy Lai detained by the People's Republic of China during future engagements with Chinese President Xi Jinping.
Bill SRES 677April 17, 2026
A resolution prohibiting the use of funds for travel by Senators to or from their residence during Government shutdowns.
Bill SRES 678April 17, 2026
A resolution recognizing April 14, 2026, as "World Quantum Day", and commemorating and supporting the goals of World Quantum Day.
Bill SRES 679April 17, 2026
Stop Child Care Fraud Act of 2026
Bill HR 7725April 17, 2026
Adopting the Rules of the House of Representatives for the One Hundred Eighteenth Congress, and for other purposes.
Bill HRES 5December 14, 2023