As ordered reported by the House Committee on Ways and Means on May 15, 2024
By Fiscal Year, Millions of Dollars
2024
2024-2029
2024-2034
Direct Spending (Outlays)
0
0
0
Revenues
0
*
*
Increase or Decrease (-) in the Deficit
0
*
*
Spending Subject to Appropriation (Outlays)
*
*
not estimated
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?
No
Statutory pay-as-you-go procedures apply?
Yes
Mandate Effects
Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?
No
Contains intergovernmental mandate?
No
Contains private-sector mandate?
No
* = between -$500,000 and $500,000.
Summary
H.R. 8292 would increase the maximum penalties for the unauthorized disclosure of the tax return information of a person. Under current law, such unauthorized disclosure is a felony punishable by a fine of up to $5,000, imprisonment of up to 5 years, or both. H.R. 8292 would increase the maximum penalty to a fine of up to $250,000, imprisonment of not more than 10 years, or both. The bill also would clarify that any unauthorized disclosure which affects more than one taxpayer shall be treated as a separate, distinct violation for each taxpayer affected.
