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Legislative update: House Ways and Means approves seven tax bills aimed at providing tax relief and improving tax administration; JCT descriptions

The legislative package includes provisions concerning hostages, fraud victims, taxpayer advocacy, artificial intelligence, return preparers, IRS workforce modernization, and nonprofit hospitals.

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july 1, 2026

The House Committee on Ways and Means today marked up and approved seven tax bills aimed at providing tax relief for hostages and victims of financial fraud, while also improving tax administration through enhanced taxpayer advocacy participation, oversight of artificial intelligence (AI) in tax compliance, increased enforcement against ghost return preparers, IRS workforce modernization, and greater transparency for tax-exempt hospitals.

Read opening statements from Ways and Means Committee Chairman Jason Smith (R-MO) and Ranking Member Richard Neal (D-MA).

In advance of the markup, the staff of the Joint Committee on Taxation (JCT) released descriptions of the bills and the amendments in the nature of a substitute.

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