BillHR 7799 · 119

SPONSOR Act

Introduced

Mar 4, 2026

Cosponsors

Traction

Last Action

Mar 4, 2026

Bill Summary

Requires the Secretary of the Treasury to study and report on the tax gap, which is the difference between the amount of taxes owed and the amount actually paid. Funds research to identify the causes of the tax gap and ways to reduce it.

Bill Journey

Mar 4, 2026
Mar 4, 2026You Are Here
The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.
TBD
The full chamber debates the bill, may amend it, and votes on whether to pass it.
TBD
If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.
TBD
If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

Affects the US Treasury and taxpayers by potentially changing how tax evasion is addressed and increasing the amount of taxes collected. Impacts the government's revenue and the overall economy by reducing the tax gap.

Impact Areas

Sample

Addresses Supply

Targets an underlying shortage driving costs.

Supports Families

Aimed at easing pressure on working households.

Long-term Impact

Effects compound across multiple budget cycles.

Expands Access

Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party

Republican1

Cross-party cosponsors0 · 0%

Documents

Full Bill Text
H.R. 7799 · congress.gov

Full text opens on congress.gov, the official source.

Bill Details

Bill TypeHouse Bill · Federal

Primary TopicMoney & Economy

CommitteeCommittee on Ways and Means

IntroducedMar 4, 2026

Last UpdatedMar 4, 2026

Latest ActionReferred to the House Committee on Ways and Means.

Subjects

Economy

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.