In CommitteeFiled Apr 15, 2026
Sponsor: Sen. King, Angus S., Jr. [I-ME] (I)
Latest Action
Read twice and referred to the Committee on Finance.
Apr 15, 2026
Summary
The Stop CHEATERS Act authorizes additional appropriations for the Internal Revenue Service from FY 2026 through FY 2031 to modernize its computer systems, expand enforcement against high‑income individuals and large corporations, and enhance taxpayer assistance. It directs the IRS to shift more audit resources toward wealthy taxpayers and big firms and requires periodic reporting to Congress on progress. The goal is to increase tax compliance and narrow the gap between taxes owed and taxes collected.
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