To provide for a limitation on availability of funds for Department of Treasury, Internal Revenue Service, Business Systems Modernization for fiscal year 2024.
Source: Congress.gov ·
243 words in original text
What This Bill Does
This bill puts a cap on how much money can be spent on the Internal Revenue Service's Business Systems Modernization program in fiscal year 2024. The bill limits the available funds to a specific amount, regardless of any other laws that might authorize spending.
Who It Affects
The Department of Treasury and the Internal Revenue Service are directly affected by this bill's spending limit.
Key Provisions
• The total amount of money authorized or available for the Internal Revenue Service's Business Systems Modernization program in fiscal year 2024 cannot exceed $150,000,000 (Sec. 1)
What Changes
If this bill becomes law, the Internal Revenue Service cannot spend more than $150,000,000 on its Business Systems Modernization program during fiscal year 2024, even if other laws would normally allow higher spending.
Important Definitions
None defined in bill text.
Important: This plain English summary was generated by AI and is provided for informational purposes only.
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