United States · Bill · HR
H.R. 5340 (108th)
Taxpayer Abuse Prevention Act
Introduced
8 October 2004
Last action
3 November 2004 · Referred
Status
Referred to the Subcommittee on Financial Institutions and Consumer Credit, for a period to be subsequently determined by the Chairman.
Sponsors
Rep. Schakowsky, Janice D. [D-IL-9]
Subjects
Taxation
Source updated
18 August 2025
Summary
Taxpayer Abuse Prevention Act - Amends the Internal Revenue Code to provide that advance payments of the earned income tax credit are not transferable or assignable or subject to the claims of any creditors, except outstanding claims of the Federal Government. Prohibits: (1) the collection of a debt from a debtor's Federal tax refund by means of a refund anticipation loan; and (2) mandatory arbitration as a condition of providing a refund anticipation loan. Terminates the Department of Treasury Debt Indicator Program. Excludes tax returns that have been filed subject to a refund anticipation loan from any determination of whether goals for electronic filing of tax returns have been met. Allows earned income tax credit benefits to be paid through electronic transfer accounts. Directs the Secretary of the Treasury to: (1) develop and implement a program to encourage the greater use of the advance earned income tax credit; and (2) enter into cooperative agreements with federally insured depository institutions to provide low- and moderate-income taxpayers with the option of establishing low-cost direct deposit accounts using appropriate tax forms.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
8 October 2004
Introduced
Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Source: IntroReferral
8 October 2004
Introduced
Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Source: IntroReferral
8 October 2004
Introduced
Introduced in House
Source: IntroReferral
8 October 2004
Introduced
Introduced in House
Source: IntroReferral
3 November 2004
Referred
Referred to the Subcommittee on Financial Institutions and Consumer Credit, for a period to be subsequently determined by the Chairman.
Source: Committee
Votes
No vote records are attached yet.
Versions
- Introduced in House · 8 October 2004 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 8 October 2004
Introduced in House (PDF)
Introduced in House · EN · 8 October 2004
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Introduced in House
summary · EN · 8 October 2004
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Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Schakowsky, Janice D. [D-IL-9] · D · Sponsor
- · hsba00 · Standing
- · hswm00 · Standing
Related records
- related to ← Taxpayer Abuse Prevention Act
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/108th-congress/house-bill/5340
- Open data entity: https://api.congress.gov/v3/bill/108/hr/5340
- us · 108-hr-5340 · source updated 18 August 2025