S. 4298 · Where this bill is now
In committee
Introduced in the Senate, Apr 15, 2026
What this bill does
In plain words · AI-written from the official summaryFunds IRS to focus on high-income tax enforcement
This bill gives the IRS extra funding for the years 2026 through 2031 to strengthen tax enforcement, improve technology, and better serve taxpayers. It also requires the IRS to report to Congress every two years on its plans to shift more auditing resources toward high-income individuals and large corporations, how it's recruiting specialized auditors for those cases, and what it's doing to encourage voluntary tax compliance among wealthy taxpayers and big companies.
How it affects you
If you're a high-income individual or run a large corporation, this bill could mean increased IRS attention to your tax filings. For most other taxpayers, this doesn't directly change how your taxes work, though it reflects a policy choice to concentrate enforcement resources on higher-income cases.
Read the official summary (Introduced in Senate, Apr 15, 2026)
Stop Corporations and High Earners from Avoiding Taxes and Enforce the Rules Strictly Act or the Stop CHEATERS Act
This bill provides additional appropriations to the Internal Revenue Service (IRS) for FY2026-FY2031 and establishes reporting requirements related to tax enforcement for high-income individuals and corporations.
The bill provides specified appropriations to the IRS for FY2026-FY2031 for purposes such as tax enforcement, taxpayer services, technology and operations support, and business systems modernization. The funds provided by the bill remain available until expended.
The bill also requires the IRS to submit a report to Congress every two years that includes a comprehensive description of a plan to
• shift more IRS auditing and enforcement assets toward high-income individuals and large corporations,
• recruit and retain auditors with the skills essential to audit high-income individuals and large corporations, and
• increase voluntary compliance among high-income individuals and large corporations.
The report must also include (1) a description of the progress that has been made in implementing the plan; and (2) an analysis of how much of the difference between the taxes owed and the taxes collected by the IRS is attributable to taxpayers at different income levels, including high-income individuals and large corporations.
The bill also requires the Treasury Inspector General for Tax Administration to submit a report to Congress evaluating the IRS's plan and its progress in implementing the plan.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
2nd SessionS. 4298
A BILL
Stop CHEATERS Act
Sponsor: Sen. Angus S., Jr. King (I-ME) · Introduced Apr 15, 2026 · Taxation · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Apr 15, 2026: “Read twice and referred to the Committee on Finance.”