SHARE Act of 2025

Senate Bill

S. 1101

119th Congress

SHARE Act of 2025

In Committee

Introduced:Sep 4, 2025

Primary Sponsor

Mike Braun

R - IN

Cosponsors

1

Quick Stats

Policy Area

Taxation

Summary

The SHARE Act of 2025 would limit the enforcement authority of the Internal Revenue Service (IRS) and modify certain IRS reporting requirements. It would increase the gross receipts reporting threshold for some organizations, increase penalties for unauthorized disclosure of taxpayer information, and require the IRS to use artificial intelligence to estimate the tax gap - the difference between taxes owed and taxes actually paid.

Latest Action

Read twice and referred to the Committee on Finance.

Introduced9/4/2025

StatusRead twice and referred to the Committee on the Judiciary.

ChamberSenate

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Vote Prediction

SHARE Act of 2025

The SHARE Act of 2025 would limit the enforcement authority of the Internal Revenue Service (IRS) and modify certain IRS reporting requirements. It would increase the gross receipts reporting threshold for some organizations, increase penalties for unauthorize

Community Breakdown

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The SHARE Act of 2025 would limit the enforcement authority of the Internal Revenue Service (IRS) and modify certain IRS reporting requirements. It would increase the gross receipts reporting threshold for some organizations, increase penalties for unauthorized disclosure of taxpayer information, and require the IRS to use artificial intelligence to estimate the tax gap - the difference between taxes owed and taxes actually paid.

Bill Number: 1101
Introduced: 9/4/2025
Status: Read twice and referred to the Committee on the Judiciary.
Policy Area: Taxation

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: SHARE Act of 2025
Bill Number: 1101
Sponsor: No sponsor
Status: Read twice and referred to the Committee on the Judiciary.
Introduced: 9/4/2025
Summary: The SHARE Act of 2025 would limit the enforcement authority of the Internal Revenue Service (IRS) and modify certain IRS reporting requirements. It would increase the gross receipts reporting threshold for some organizations, increase penalties for unauthorized disclosure of taxpayer information, an

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

The SHARE Act of 2025 would limit the enforcement authority of the Internal Revenue Service (IRS) and modify certain IRS reporting requirements. It would increase the gross receipts reporting threshold for some organizations, increase penalties for unauthorized disclosure of taxpayer information, and require the IRS to use artificial intelligence to estimate the tax gap - the difference between taxes owed and taxes actually paid.

Last updated: 12/30/2025

Official Summary

Congressional Research Service summary

Simplify, Don't Amplify the IRS Act This bill limits Internal Revenue Service (IRS) enforcement authority and modifies certain IRS reporting requirements. Among other provisions, the bill <ul> <li> increases the gross receipts reporting threshold for certain religious and charitable organizations from $5,000 to $50,000;</li> <li> generally increases penalties for unauthorized disclosure of taxpayer information and for such disclosures by tax return preparers;</li> <li>requires the IRS to establish a fellowship program to recruit private sector tax experts to create a task force to. among other things, educate IRS employees on emerging issues, perform audits, and address offshore tax evasion; and </li> <li> sets forth provisions for reducing improper payments to taxpayers. </li> </ul> The bill also requires the IRS to report annually on the tax gap estimate for the most recent taxable year. The IRS must use artificial intelligence to calculate an estimate of the tax gap. The bill defines tax gap as the difference between tax liabilities owed to the United States and those liabilities actually collected. The bill restricts funding for IRS audits and enforcement until the IRS publishes an updated tax gap projection.

Key Points

Main provisions of the bill

Increases the gross receipts reporting threshold for certain religious and charitable organizations from $5,000 to $50,000.
Increases penalties for unauthorized disclosure of taxpayer information and for such disclosures by tax return preparers.
Requires the IRS to establish a fellowship program to recruit private sector tax experts to educate IRS employees, perform audits, and address offshore tax evasion.
Requires the IRS to use artificial intelligence to annually calculate an estimate of the tax gap.
Restricts IRS funding for audits and enforcement until the IRS publishes an updated tax gap projection.

How This Impacts Americans

Potential effects on citizens and communities

If enacted, this bill would primarily impact the IRS, tax-exempt organizations, and taxpayers. It would reduce IRS enforcement capabilities and require the agency to rely more on private sector expertise. This could change how the IRS conducts audits and investigations, particularly related to offshore tax evasion. The increased reporting thresholds and penalties could also affect some religious and charitable organizations.

Policy Areas

Primary Policy Area

Taxation

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

1101, 119th Congress (2025). "SHARE Act of 2025". Source: Voter's Right Platform. https://votersright.org/bills/118-s-1101

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