A Senate Appropriations subcommittee has approved an $11.26 billion IRS budget for fiscal year (FY) 2019. The Senate bill provides over $300 million less in IRS base funding than the government funding bill approved by the House Appropriations Committee last week.
The Senate Appropriations Financial Services and General Government Subcommittee approved the FY 2019 government funding bill on June 19 by unanimous consent. The full Senate Appropriations Committee is scheduled to markup the measure on June 21.
House appropriators approved an IRS FY 2019 budget bill last week, proposing $11.6 billion in base funding. The committee-approved IRS budget is $186 million above current FY 2018 enacted levels. The bill has not yet reached the House floor.
Tax Reform Implementation
The House and Senate IRS budget bills both allocate additional funding for tax reform implementation. Both measures propose $77 million for implementation of the Tax Cuts and Jobs Act (TCJA) (P.L. 115-97) enacted last December.
By Jessica Jeane, Wolters Kluwer News Staff