Michael Bennet (D-CO)
A bill to amend the Internal Revenue Code of 1986 to eliminate installment agreement fees for certain individuals.
A Democratic bill with no cosponsors
Last activity — Read twice and referred to the Committee on Finance.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill changes the Internal Revenue Code of 1986 to get rid of installment agreement fees for certain taxpayers. Specifically, it waives these fees for any taxpayer whose adjusted gross income does not go over 250 percent of the applicable poverty level. The income is based on the most recent year for which information is available. This change will apply to installment agreements entered into after the date that is 12 months after the bill is enacted. It is a straightforward change meant to help folks who meet the income threshold.
Yes· 3 of 4
- Scored +5
Would households on low incomes be better off under this?
Provides direct relief by eliminating specific administrative fees for low-income taxpayers.
- Scored +3
Is this likely to lift people out of poverty?
Reduces the financial burden on low-income households facing tax debt.
- Scored +3
Does this cut taxes for middle-income families?
Provides relief to low-to-middle income earners by removing installment agreement fees.
The opposite
- Scored -1
Does this reduce what the federal government owes?
Eliminating fees may slightly reduce federal revenue, though the impact is likely minimal.
Who it would affect, and how
Potential Positive Impacts for People
- Section 1(a) waives installment agreement fees for taxpayers whose adjusted gross income does not exceed 250 percent of the applicable poverty level. This is a positive outcome because it removes a financial burden for individuals struggling to pay what they owe by letting them set up a payment plan without extra fees.
Potential Negative Impacts for People
- Based on the provided text, there are no specific sections or provisions identified that create negative consequences or burdens for individuals or groups of people in the United States.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would households on low incomes be better off under this? — Provides direct relief by eliminating specific administrative fees for low-income taxpayers. Would middle-income households be better off under this? — Beneficial for those near the 250% poverty level threshold.
- Social Issues And Justice
- Is this likely to lift people out of poverty? — Reduces the financial burden on low-income households facing tax debt.
- Economy And Finance
- Does this cut taxes for middle-income families? — Provides relief to low-to-middle income earners by removing installment agreement fees. Does this reduce what the federal government owes? — Eliminating fees may slightly reduce federal revenue, though the impact is likely minimal.
- 7/28/2026
- Read twice and referred to the Committee on Finance.
- Introduced in Senate
2 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.