Bill

Stop CHEATERS Act Stop Corporations and High Earners from Avoiding...

SB4298TaxationFiled

A bill to provide appropriations for the Internal Revenue Service to overhaul technology and strengthen enforcement, and for other purposes.

Filed
In Committee
Passed Chamber
Final Approval

This bill, known as the Stop CHEATERS Act, aims to provide funding for the Internal Revenue Service (IRS) to modernize its technology and improve its ability to enforce tax laws. The goal is to ensure that large corporations and high-income individuals are paying their fair share of taxes.

The bill would primarily affect corporations and high-income earners who may be using complex methods to avoid or minimize their tax liabilities. By improving IRS technology and enforcement capabilities, the bill seeks to catch those who evade their tax responsibilities and ensure everyone pays their fair share.

As of April 15, 2026, the bill has been introduced and referred to the Senate Committee on Finance for further consideration. The next steps will involve committee review, potential amendments, and a vote before it can move forward in the legislative process.