To establish a deficit-neutral reserve fund relating to preventing the monitoring and reporting of sensitive American taxpayer information to the Internal Revenue Service by financial institutions about deposits and withdrawals made by any individual or business in savings, checking, or other accounts of as little as $600.

SA 3099. Mr. CRAPO submitted an amendment intended to be proposed by
him to the concurrent resolution S. Con. Res. 14, setting forth the
congressional budget for the United States Government for fiscal year
2022 and setting forth the appropriate budgetary levels for fiscal
years 2023 through 2031; which was ordered to lie on the table; as
follows:

At the end of title III, add the following:

SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO
PREVENTING MONITORING AND REPORTING OF
SENSITIVE AMERICAN TAXPAYER INFORMATION TO THE
INTERNAL REVENUE SERVICE BY FINANCIAL
INSTITUTIONS.

The Chairman of the Committee on the Budget of the Senate
may revise the allocations of a committee or committees,
aggregates, and other appropriate levels in this resolution,
and make adjustments to the pay-as-you-go ledger, for one or
more bills, joint resolutions, amendments, amendments between
the Houses, motions, or conference reports relating to
strengthening Federal tax administration, which may include
prohibiting the Internal Revenue Service from using funds to
monitor inflows and outflows of deposits or withdrawals in
financial accounts of American taxpayers, as well as other
protections to ensure the privacy of taxpayer information, by
the amounts provided in such legislation for those purposes,
provided that such legislation would not increase the deficit
over either the period of the total of fiscal years 2022
through 2026 or the period of the total of fiscal years 2022
through 2031.
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