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S. 4298119th CongressIn committeeLatest action Apr 15, 2026Decoded by AI · checked against the record
The plain-language version leads. The official text is always the reference.
The Stop CHEATERS Act would fund the IRS from 2026–2031 to boost tax enforcement, with a focus on high earners and large corporations.
50-second read · 5 questions answered below
This bill would provide the IRS with additional funding over six years, from 2026 to 2031. The money would go toward four areas: collecting unpaid taxes and conducting audits and criminal investigations, helping taxpayers understand their obligations, updating computer systems to better detect fraud, and modernizing core business software.
The IRS would carry out the new work, with a directed focus on high-income individuals and large corporations rather than ordinary wage earners. The IRS Commissioner would report to Congress every two years on progress, and the Treasury Inspector General would independently review those results.
If passed, the IRS would have more resources to pursue unpaid taxes and update aging technology systems. Audits and enforcement would be aimed more at high-income filers and large corporations under the bill's direction.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a Senate committee is reviewing it. If the House changes it, it goes back to the Senate before reaching the President.
Latest action: — Read twice and referred to the Committee on Finance.