H.R. 8876 · 118th Congress
Low-Income Taxpayer Clinic Modernization Act of 2024
- Stage
- In committee
- Sponsor
- Brad Wenstrup
- Introduced
- 2024-06-27
- Latest action
- 2024-06-27 · Introduced in House
Summary
Low-Income Taxpayer Clinic Modernization Act of 2024
This bill revises funding requirements for low-income taxpayer clinics (i.e., clinics that assist taxpayers with tax return preparation). It eliminates the $100,000 grant funding cap per clinic and authorizes the Internal Revenue Service to lower the matching fund requirement (but not below 25%) if lowering such requirement would make services more accessible to taxpayers.