,,ii  #aaf? ,,congress  #a/ ,session    
,s4 #aajj  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,april #i1 #bjai,mr4   
,book] 7= himself1 ,mr4 ,scott ( ,s\?   
,c>ol9a1 ,ms4 ,hassan1 & ,mr4 ,"y7      
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to in/itute a      
program = ! disclosure ( taxpay]        
in=mation = ?ird-p>ty income v]ification
 ?r\gh ! ,int]net4  #a4 ,disclosure (   
taxpay] in=mation = ?ird-p>ty income    
v]ification  7a7 ,9 g5]al ,n lat] ?an #a
 ye> aft] ! close ( ! #b-ye> p]iod      
describ$ 9 subsection 7d77#a71 !        
,secret>y ( ! ,treasury or ! ,secret>y's
 delegate 7h]eaft] ref]r$ to 9 ?is      
section z ! ,secret>y7 %all implem5t a  
program to ensure t any qualifi$        
disclosure--  7#a7 is fully automat$ &  
accompli%$ ?r\gh ! ,int]net2 &  7#b7 is 
accompli%$ 9 z close to real-"t z is    
practicable4  7b7 ,qualifi$ disclosure  
,= purposes ( ?is section1 ! t]m        
qualifi$ disclosure means a disclosure  

"u section #fajc7;c7 ( ! ,int]nal       
,rev5ue ,code ( #aihf ( returns or      
return in=mation by ! ,secret>y to a    
p]son seek+ to v]ify ! income or        
cr$itwor?9ess ( a taxpay] :o is a borr[]
 9 ! process ( a loan application4  7c7 
,application ( security /&>ds ,!        
,secret>y %all ensure t ! program       
describ$ 9 subsection 7a7 complies )    
applicable security /&>ds & guidel9es4  
7d7 ,us] fee  7#a7 ,9 g5]al ,dur+ !     
#b-ye> p]iod beg9n+ on ! fir/ day ( !   
#f? cal5d> mon? beg9n+ aft] ! date ( !  
enactm5t ( ?is ,act1 ! ,secret>y %all   
assess & collect a fee = qualifi$       
disclosures 79 addition to any o!r fee  
assess$ & collect$ = su* disclosures7 at
 su* rates z ! ,secret>y det]m9es are   
suffici5t to cov] ! co/s relat$ to      
implem5t+ ! program describ$ 9          
subsection 7a71 includ+ ! co/s ( any    
necess>y infra/ructure or te*nology4    
7#b7 ,deposit ( collections ,am\nts     
receiv$ f fees assess$ & collect$ "u    
p>agraph 7#a7 %all be deposit$ 91 &     

cr$it$ to1 an acc\nt solely = ! purpose 
( c>ry+ out ! activities describ$ 9     
subsection 7a74 ,su* am\nts %all be     
available to c>ry out su* activities )\t
 ne$ ( fur!r appropriation & )\t fiscal 
ye> limitation4