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H.R. 8876

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to remove the limitation on the aggregate amount of grants made available to low-income taxpayer clinics and to adjust the matching fund requirements for such clinics.
About This Bill
Committee
Latest Action · June 27, 2024
Referred to the House Committee on Ways and Means.
Congress
118th (2023–2025)
Introduced
June 27, 2024
Cosponsors (3)
2D 1R
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Summary

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Low-Income Taxpayer Clinic Modernization Act of 2024 This bill revises funding requirements for low-income taxpayer clinics (i.e., clinics that assist taxpayers with tax return preparation). It eliminates the $100,000 grant funding cap per clinic and authorizes the Internal Revenue Service to lower the matching fund requirement (but not below 25%) if lowering such requirement would make services more accessible to taxpayers.

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