Who it affects
- Taxpayers facing IRS penalties
- Taxpayers facing bans on certain tax credits
- IRS staff and supervisors
- Treasury Department
In committeeTaxes
IRS penalty approvals and reporting
S. 5143 · Senate bill · Introduced July 28, 2026
This bill would change approval requirements for IRS penalties and certain tax-credit bans affecting taxpayers, and require annual public reports on penalties.
What stands out
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These are patterns in public records, not proof that money changed a vote. The same rules apply to every member. How we decide
At a glance
Where it stands
In committee
How South Carolina voted
No recorded votes yet.
See each vote ↓Lobbying and money
No lobbying reported yet
Lobbyists report every three months, about 20 days after each quarter ends. We have January 2025 through September 2026 reports. Newer reports will be added once filed and published.
What it would do
- Penalties and certain tax-credit bans would require electronic written approval from the decision-maker’s supervisor or IRS-wide penalties office.
- Approval would be due before or when the first notice offering an appeal or court review is sent.
- Automatically calculated tax-credit bans would also require approval.
- These changes would apply to notices sent more than 12 months after the bill becomes law.
- Treasury would publish annual reports on the previous year's IRS penalties, starting within 24 months of enactment.
- Reports would track penalties through decisions, reviews, and final outcomes for each IRS unit with penalty-related authority.
Written with AI from the official bill text, because no CRS summary is available. Read the bill text ↗
How South Carolina voted
No recorded roll-call vote on this bill yet.
Groups that lobbied on it and gave to SC's members
PAC, lobbyist campaign and qualifying employee money this election, shown separately and never added together. Lobbying reports name the bills a group worked on, not which side it took.
No lobbying reported yet. Lobbyists report every three months, about 20 days after each quarter ends. We have January 2025 through September 2026 reports. Newer reports will be added once filed and published.
Official record
Official title, sponsor and status
- Official title
- A bill to amend the Internal Revenue Code of 1986 to modify procedural requirements for penalties and disallowance periods.
- Sponsor
- Sen. Bennet, Michael F. (D-CO)
- Introduced
- July 28, 2026
- Cosponsors
- 0
- Committees
- Senate Finance Committee
- Latest action
- July 28, 2026 · Read twice and referred to the Committee on Finance.
Official summary from the Congressional Research Service
Congress hasn't published an official summary.
Summary on Congress.gov ↗Everyone who lobbied on this bill (0 groups)
No lobbying report we have loaded names this bill. That doesn't mean no lobbying took place.
Lobbyists report every three months, about 20 days after each quarter ends. We have January 2025 through September 2026 reports. Newer reports will be added once filed and published. Reports for October through December 2026 are due January 20, 2027.