Taxpayer Abuse Prevention Act
Latest action · Mar 22, 2005 Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedFeb 17, 2005
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Taxpayer Abuse Prevention Act - Amends the Internal Revenue Code to provide that advance payments of the earned income tax credit are not transferable or assignable or subject to the claims of any creditors, except outstanding claims of the Federal Government.
Prohibits: (1) the collection of a debt from a debtor's Federal tax refund by means of a refund anticipation loan; and (2) mandatory arbitration as a condition of providing a refund anticipation loan.
Terminates the Department of Treasury Debt Indicator Program.
Excludes tax returns that have been filed subject to a refund anticipation loan from any determination of whether goals for electronic filing of tax returns have been met.
Allows earned income tax credit benefits to be paid through electronic transfer accounts.
Directs the Secretary of the Treasury to: (1) develop and implement a program to encourage the greater use of the advance earned income tax credit; and (2) enter into cooperative agreements with federally insured depository institutions to provide low- and moderate-income taxpayers with the option of establishing low-cost direct deposit accounts using appropriate tax forms.
Cosponsors 20
Members who signed on, in the order they did. Signatures ran from Feb 17, 2005 to Mar 17, 2005; 18 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| I-VT | Bernard Sanders | Original | Feb 17, 2005 |
| D-MI | Carolyn C. Kilpatrick | Original | Feb 17, 2005 |
| D-FL | Debbie Wasserman Schultz | Original | Feb 17, 2005 |
| D-CA | Diane E. Watson | Original | Feb 17, 2005 |
| D-DC | Eleanor Holmes Norton | Original | Feb 17, 2005 |
| D-CA | Fortney Pete Stark | Original | Feb 17, 2005 |
| D-NC | G. K. Butterfield | Original | Feb 17, 2005 |
| D-CA | Hilda L. Solis | Original | Feb 17, 2005 |
| D-MA | James P. McGovern | Original | Feb 17, 2005 |
| D-NY | Jerrold Nadler | Original | Feb 17, 2005 |
| D-WA | Jim McDermott | Original | Feb 17, 2005 |
| D-NY | Jose E. Serrano | Original | Feb 17, 2005 |
| D-IN | Julia Carson | Original | Feb 17, 2005 |
| D-IL | Lane Evans | Original | Feb 17, 2005 |
| D-TX | Lloyd Doggett | Original | Feb 17, 2005 |
| D-CA | Lynn C. Woolsey | Original | Feb 17, 2005 |
| D-PA | Robert A. Brady | Original | Feb 17, 2005 |
| D-FL | Robert Wexler | Original | Feb 17, 2005 |
| D-FL | Corrine Brown | Mar 17, 2005 | |
| D-CA | Xavier Becerra | Mar 17, 2005 |
Committees 2
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Feb 17, 2005 |
| House | Financial Services Committee | Referred Feb 17, 2005 |
| Consumer Protection and Financial Institutions Subcommittee | Referred Mar 22, 2005 |
Actions 3
Everything that happened, newest first.
- Mar 22, 2005Referred to the Subcommittee on Financial Institutions and Consumer Credit.
- Feb 17, 2005Introduced in House
- Feb 17, 2005Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 324 | Taxpayer Abuse Prevention Act | Related bill | Feb 28, 2006 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To provide additional protections for recipients of the earned income tax credit, and for other purposes.
- Short Titles as Introduced
- Taxpayer Abuse Prevention Act
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- Bank accounts
- Collection of accounts
- Commerce
- Commercial arbitration
- Congress
- Congressional reporting requirements
- Debtor and creditor
- Earned income tax credit
- Electronic benefits transfers
- Electronic data interchange
- Finance and Financial Sector
- Garnishment
- Government Operations and Politics
- Government publicity
- Income tax
- Law
- Loans
- Science, Technology, Communications
- Social Welfare
- Tax refunds
- Tax returns
- Taxation
Text 1
Each version as it was printed, newest first.
- Feb 17, 2005Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.