H.R. 9640 - 117th Congress (2021-2022) - Presidential Tax Filings and Audit Transparency Act of 2022

This bill requires the Internal Revenue Service (IRS) to conduct an examination to determine the correctness of a Presidential income tax return as rapidly as practicable after it is filed.

The IRS must disclose and make publicly available (on the internet) an initial report, periodic reports, and a final report on the examination of such tax returns. The final report must include the date on which the IRS examination of the return was completed, a list of audit materials, and a description of each proposed adjustment to a return and any controversy relating to its examination. This disclosure of tax return information is an exception to the general rule of confidentiality of taxpayer returns.

The bill defines Presidential income tax return as any relevant income tax return of (1) a president while the president is in office, (2) the spouse of a president, (3) a corporation or partnership controlled by a president or a president's spouse, and (4) the estate of a president or a president's spouse.

Text (3)

Engrossed in House

December 22, 2022

Received in Senate

December 22, 2022

Introduced in House

December 21, 2022

Actions (14)

Show Only Major Actions

12/22/2022

Received in the Senate.

12/22/2022

Motion to reconsider laid on the table Agreed to without objection.

12/22/2022

On passage Passed by the Yeas and Nays: 222 - 201 (Roll no. 539). (text: CR H9990-9992)

12/22/2022

Passed/agreed to in House: On passage Passed by the Yeas and Nays: 222 - 201 (Roll no. 539).

12/22/2022

Considered as unfinished business. (consideration: CR H10029-10030)

12/22/2022

POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 9640, the Chair put the question on passage and by voice vote, announced that the ayes had prevailed. Mr. Brady demanded the yeas and nays and the Chair postponed further proceedings on passage until a time to be announced.

12/22/2022

The previous question was ordered pursuant to the rule.

12/22/2022

DEBATE - The House continued with debate on H.R. 9640.

12/22/2022

DEBATE - The House proceeded with one hour of debate on H.R. 9640.

12/22/2022

Rule provides for consideration of H.R. 9640 and S. 1942. Measure will be considered read. Bill is closed to amendments. Rule provides for one hour of debate on each measure. Also provides for a motion to recommit H.R. 9640 and a motion to commit S. 1942. H. Res. 693 and H. Res. 1434 are adopted. Provides for the Majority Leader or a designee that the House suspend the rules as though under clause 1 of rule XV with respect to multile measures.

12/22/2022

Considered under the provisions of rule H. Res. 1529. (consideration: CR H9990-10002)

12/21/2022

Rules Committee Resolution H. Res. 1529 Reported to House. Rule provides for consideration of H.R. 9640 and S. 1942. Measure will be considered read. Bill is closed to amendments. Rule provides for one hour of debate on each measure. Also provides for a motion to recommit H.R. 9640 and a motion to commit S. 1942. H. Res. 693 and H. Res. 1434 are adopted. Provides for the Majority Leader or a designee that the House suspend the rules as though under clause 1 of rule XV with respect to multile measures.

12/21/2022

Referred to the House Committee on Ways and Means.

12/21/2022

Introduced in House