1. Short title
This Act may be cited as the “Federal Employees and Retirees with Delinquent Tax Debt Initiative (FERDI) Act”.
Federal Employees and Retirees with Delinquent Tax Debt Initiative (FERDI) Act
A BILL
To require an annual report of Federal employees and retirees with delinquent tax debt.
2. Annual report on Federal employees and retirees with delinquent tax debt
In general— The Secretary of the Treasury (or the Secretary's delegate) shall submit to the relevant committees and make a public on the internet an annual report on current and retired Federal civilian and military employees who have delinquent tax debt or an unfiled tax return for the most recent fiscal year.
Matters included— The report under subsection (a) shall include—
the population of individuals who are civilian employees, retired civilian employees, active duty military employees, military reserve or national guard employees, and retired military employees;
the number of individuals in each category listed in paragraph (1) who have delinquent tax debt (excluding those individuals who have an installment agreement) or an unfiled tax return;
the aggregate balance owed and the delinquency rate for each such category; and
the information described in paragraphs (2) and (3) broken down by Federal agency.
Relevant committees— For purposes of this section, the term relevant committees means the Committee on Finance of the Senate, the Committee on Ways and Means of the House of Representatives, the Committee on Homeland Security and Governmental Affairs of the Senate, and Committee on Oversight and Reform of the House of Representatives.