[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 2111 Introduced in Senate (IS)]

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118th CONGRESS
  1st Session
                                S. 2111

  To amend the Internal Revenue Code of 1986 to require the Internal 
   Revenue Service to notify taxpayers of specific information being 
 sought from third parties for purposes of tax administration, and for 
                            other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             June 22, 2023

  Mr. Barrasso (for himself and Mr. Cardin) introduced the following 
  bill; which was read twice and referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
  To amend the Internal Revenue Code of 1986 to require the Internal 
   Revenue Service to notify taxpayers of specific information being 
 sought from third parties for purposes of tax administration, and for 
                            other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Taxpayer Notification and Privacy 
Act of 2023''.

SEC. 2. SPECIFICITY OF TAXPAYER NOTICE.

    (a) In General.--Paragraph (1) of section 7602(c) of the Internal 
Revenue Code of 1986 is amended--
            (1) by striking ``and'' at the end of subparagraph (A),
            (2) by redesignating subparagraph (B) as subparagraph (C) 
        and by inserting after subparagraph (A) the following new 
        subparagraph:
                    ``(B) identifies each specific item of information, 
                and any specific source or medium for such information, 
                intended to be sought from such persons,'',
            (3) by striking the period at the end of subparagraph (C), 
        as so redesignated, and inserting ``, and'', and
            (4) by adding at the end the following new subparagraph:
                    ``(D) provides the taxpayer with reasonable 
                opportunity and a period of not less than 45 days (or 
                more, if the taxpayer requests additional time and 
                shows reasonable cause) before the beginning of such 
                period to respond, including by providing the 
                information described in subparagraph (B) before 
                contact is made with the persons described in 
                subparagraphs (A) and (B).''.
    (b) Time for Notification.--Subparagraph (C) of section 7602(c)(1) 
of the Internal Revenue Code of 1986, as redesignated by subsection 
(a), is amended by striking ``45 days before the beginning of such 
period'' and inserting ``60 days before the intended beginning of such 
period (without regard to any additional time which may be granted 
under subparagraph (D))''.
    (c) Effective Date.--The amendments made by this section shall 
apply to notices provided under section 7602(c) of the Internal Revenue 
Code of 1986 after the date of the enactment of this Act.
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