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Title V — Accelerating transition to a real-time tax system that protects taxpayers and reduces fraud

S. 676 · 113th Congress · Apr 9, 2013 · Lineage

V Accelerating transition to a real-time tax system that protects taxpayers and reduces fraud

Sec. 501 Improvement in access to information in the National Directory of New Hires for tax administration purposes

(a)
In general— Paragraph (3) of section 453(i) of the Social Security Act (42 U.S.C. 653(i)) is amended to read as follows:

“(3) Administration of Federal tax laws—The Secretary of the Treasury shall have access to the information in the National Directory of New Hires for purposes of administering the Internal Revenue Code of 1986.”

(b)
Effective date— The amendment made by this section shall take effect on the date of the enactment of this Act.

Sec. 502 Plan of action for transitioning to a real-time tax system

Not later than 270 days after the date of enactment of this Act, the Secretary of the Treasury, or the Secretary's delegate, shall submit to Congress a report analyzing and outlining options and potential timelines for moving toward a tax system that reduces burdens on taxpayers and decreases tax fraud through real-time information matching.