S232-118

1. Temporary rules for reduced user fees Section 7528(b) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: In the case of any request made during calendar year 2023, 2024, or 2025, except as provided in subparagraph (C), the fees charged under the program required by subsection (a) shall be $1,900 in the case of any exempt person. For purposes of this paragraph, with respect to any taxable year, the term exempt person means any person whose gross income for the taxable year does not exceed $5,000,000. The dollar amount under subparagraph (A) shall be increased (but not above $38,000) by $380 for every $26,315 (or portion thereof) by which— the gross income of the exempt person for the taxable year, exceeds $2,500,000. Subparagraph (A) of section 7528(b)(2) of the Internal Revenue Code of 1986 is amended by striking The Secretary and inserting Except as provided in paragraph (5), the Secretary. The amendments made by this section shall apply to requests made after the date of the enactment of this Act. (5)Special reduced fees for taxable years 2023 through 2025(A)In generalIn the case of any request made during calendar year 2023, 2024, or 2025, except as provided in subparagraph (C), the fees charged under the program required by subsection (a) shall be $1,900 in the case of any exempt person.(B)Exempt personFor purposes of this paragraph, with respect to any taxable year, the term exempt person means any person whose gross income for the taxable year does not exceed $5,000,000.(C)PhaseoutThe dollar amount under subparagraph (A) shall be increased (but not above $38,000) by $380 for every $26,315 (or portion thereof) by which—(i)the gross income of the exempt person for the taxable year, exceeds(ii)$2,500,000..