S4881Referred to Committee

A bill to amend the Internal Revenue Code of 1986 to modify the matching funds requirement for grants provided to low-income taxpayer clinics.

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-06-24
Introduced
1
Cosponsors
S
ⓘ
Type

Sponsor

Peter Welch
Peter Welch
Democrat · VT · Senator
Votes with party: 82.8% (801 recorded votes)

Full profile: /officials/W000800

Source: Congress.gov · FEC

Cosponsors (1)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Read twice and referred to the Committee on Finance.

2026-06-24

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

The bill would change how the government funds free tax help clinics that serve low-income people by reducing the amount of money these clinics need to raise on their own to receive federal grants. Currently, clinics must match federal funding dollar-for-dollar with their own resources, which can be difficult for smaller organizations; this change would make it easier for them to operate and help more low-income taxpayers prepare their returns and resolve tax issues.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

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