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S 5173·Federal·senate

Fairness in Foreign Filing Act

In CommitteeFiled Jul 30, 2026
Sponsor: Sen. Whitehouse, Sheldon [D-RI] (D)
Latest Action

Read twice and referred to the Committee on Finance.

Jul 30, 2026

Summary

The bill changes the Internal Revenue Code so that tax penalties are collected in the same way as regular taxes and requires the IRS to give notice for certain penalties. It would affect taxpayers who owe penalties and could improve transparency in tax enforcement. The measure is currently referred to the Senate Finance Committee.

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