Search Results: keywords:"h. r. 8292"

  • H. R. 8292 — An Act To amend the Internal Revenue Code of 1986 to increase penalties for unauthorized disclosure of taxpayer information.
    💰
    Status:Engrossed in House
    Words:326

    H. R. 8292 is a proposed law that aims to increase the penalties for those who unlawfully disclose taxpayer information. It suggests changing the current penalties from a $5,000 fine or up to 5 years in prison to a $250,000 fine or up to 10 years in prison. Additionally, the...

    Simple Explanation

    H. R. 8292 is a new law idea that would make it much more expensive and punishable for someone to improperly share people's tax secrets, making the fines a lot bigger and possible jail time longer, to try and stop people from doing it.

  • H. R. 8292 — To amend the Internal Revenue Code of 1986 to increase penalties for unauthorized disclosure of taxpayer information.
    💰
    Status:Introduced in House
    Words:443

    H. R. 8292, also known as the "Taxpayer Data Protection Act," seeks to amend the Internal Revenue Code of 1986 by raising the penalties for unauthorized disclosure of taxpayer information. The bill proposes increasing the maximum fine from $5,000 to $250,000 and doubling the...

    Simple Explanation

    H. R. 8292 wants to make sure people don't share private tax information without permission by making the punishment a lot bigger, with possibly huge fines and longer jail time if they do. Each person who's information is shared counts as a separate problem, which could mean even more trouble for the rule-breaker.