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119th Congress · Senate bill · Last action Jul 28, 2026
Bills›Taxation›S. 5143Congress.gov ↗
S. 5143In CommitteeTaxation

A bill to amend the Internal Revenue Code of 1986 to modify procedural requirements for penalties and disallowance periods.

Sponsor: Sen. Bennet, Michael F. (D-CO)Introduced Jul 28, 2026
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In plain English

Summary unavailable.The provided section heading is incomplete ("Sec. 1. Modification of procedural requirements for penalties and" ends mid-phrase), and the official summary provided does not specify what procedural changes the bill makes, what types of penalties are affected, or what disallowance periods are involved. Additional bill text is needed to describe the substantive provisions.

Generated by ThePolitibase from the bill text and CRS summary. Read the official text →

Where it is in the process

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Introduced
Jul 28
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Senate committee
Jul 28
3
Senate floor
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4
House
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5
Signed
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What happens next: Sits in committee. Needs a markup or favorable report to advance to the Senate floor.

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Activity timeline

Jul 28
Jul 28
Read twice and referred to the Committee on Finance.
Jul 28
Jul 28
Introduced in Senate
Read the bill text
Official text via Congress.gov. Opens in a new tab.
Read full text →

Full action log

All 2 recorded actions since introduction · Source: Congress.gov
Jul 28
SENATERead twice and referred to the Committee on Finance.
Jul 28
Introduced in Senate

In the news

Missouri's congressional map is back before the U.S. Supreme Court, sowing still more confusion - Springfield News-Sun
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