S. 5143In Committee
A bill to amend the Internal Revenue Code of 1986 to modify procedural requirements for penalties and disallowance periods.
Plain-English overview
What this bill does
Amends Internal Revenue Code procedures for tax penalties and periods of disallowance under federal tax law
Key points
- Amend tax penalty procedures
- Modify disallowance periods
Current status
Where it stands
Status
In Committee
Latest action
2026-07-28 — Read twice and referred to the Committee on Finance.
Related context
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Discovery signals
About these signals
Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.
Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.