Amends the Internal Revenue Code to modify matching funds requirements for grants to low-income taxpayer clinics.

The bill amends the Internal Revenue Code to change how matching funds are calculated for grants to low-income taxpayer clinics. It specifies that matching funds can include salaries and equipment costs but excludes general overhead. The Secretary of the Treasury can set a lower matching percentage, not below 25%, if it helps expand clinic coverage to more taxpayers. The changes apply to calendar years after the bill's enactment.

Amends the Internal Revenue Code to modify matching funds requirements for grants to low-income taxpayer clinics.

The bill amends the Internal Revenue Code to change how matching funds are calculated for grants to low-income taxpayer clinics. It specifies that matching funds can include salaries and equipment costs but excludes general overhead. The Secretary of the Treasury can set a lower matching percentage, not below 25%, if it helps expand clinic coverage to more taxpayers. The changes apply to calendar years after the bill's enactment.