To rescind the funds appropriated to the IRS under the Inflation Reduction Act of 2022.
Section 1
Short title
This Act may be cited as the “IRS Reduction Act”.
Sec. 2
Rescission of funds for IRS
The unobligated balances of all amounts appropriated by the Inflation Reduction Act of 2022 for enhancement of Internal Revenue Service Resources are hereby rescinded.
Sec. 3
Report
Not later than 90 days after the date of the enactment of this Act, the Secretary of the Treasury (or the Secretary’s delegate) shall submit to Congress a report detailing how the Internal Revenue Service plans to improve the efficiency of the procedures and processes of its services, including the processing of tax returns.