S.175

Rescinds unobligated Internal Revenue Service funds from the Inflation Reduction Act and proposes their use for an External Revenue Service.

The bill rescinds all unobligated balances from funds appropriated for Internal Revenue Service enhancements under the Inflation Reduction Act of 2022. It expresses the sense of Congress that these rescinded funds should be used for the establishment and administration of an External Revenue Service. This bill aims to redirect the unspent funds from the Internal Revenue Service to a new agency, the External Revenue Service.