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S 5073·Federal·senate

Tax Complexity and Fraud Prevention Review Act

In CommitteeFiled Jul 22, 2026
Sponsor: Sen. Luján, Ben Ray [D-NM] (D)
Latest Action

Read twice and referred to the Committee on Finance.

Jul 22, 2026

Summary

The bill directs the Secretary of the Treasury to prepare and deliver regular reports on tax fraud‑prevention efforts and on the factors that make tax law complex. These reports would be sent to Congress each year, giving lawmakers insight into fraud risks and the reasons tax rules are difficult to understand. The aim is to increase transparency and support possible tax reforms.

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