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H.R. 4885 (114th): IRS Oversight While Eliminating Spending (OWES) Act of 2016


The text of the bill below is as of Apr 25, 2016 (Placed on Calendar in the Senate). The bill was not enacted into law.


II

Calendar No. 435

114th CONGRESS

2d Session

H. R. 4885

IN THE SENATE OF THE UNITED STATES

April 21, 2016

Received; read the first time

April 25, 2016

Read the second time and placed on the calendar

AN ACT

To require that user fees collected by the Internal Revenue Service be deposited into the general fund of the Treasury.

1.

Short title

This Act may be cited as the IRS Oversight While Eliminating Spending (OWES) Act of 2016.

2.

Deposit of IRS user fees into general fund of the Treasury

(a)

In general

The second sentence of section 3 of title I of Public Law 103–329 (26 U.S.C. 7801 note), under the heading administrative provisions-internal revenue service, is amended by striking The Secretary of the Treasury may spend and all that follows through and thereafter: and inserting the following: Any fees collected pursuant to this section shall be deposited in the general fund of the Treasury and shall not be expended by the Internal Revenue Service unless provided by an appropriations Act:.

(b)

Conforming amendment

The last proviso of such section is amended by striking and how they are being expended by the Service.

(c)

Effective date

The amendments made by this section shall apply to fees collected after the date of the enactment of this Act.

Passed the House of Representatives April 20, 2016.

Karen L. Haas,

Clerk

April 25, 2016

Read the second time and placed on the calendar