S. 4961 · 117th Congress

A bill to provide limits on the reduction of Internal Revenue Service user fees.

Stage
In committee
Introduced
2022-09-27
Latest action
2022-09-27 · Introduced in Senate

Summary

This bill provides for a limit, through 2025, on the reduction of Internal Revenue Service user fees (e.g., fees for requests for ruling letters, opinion letters, and determination letters). Any reduced fee may not exceed 5% of the lowest fee charged for a taxpayer whose gross income is $5 million or more in a taxable year.