Sec. 302. Disclosure of return information to implement involuntary distributions

170 words·~1 min read·/bill/117/hr/9462/ih/section-302

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Section 6103(l) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: The Secretary shall, upon written request from the Executive Director of the American Worker Retirement Investment Board, disclose to officers and employees of the American Worker Retirement Investment Board, only for the purpose of (and to the extent necessary in) implementing section 106(j) of the Retirement Savings for Americans Act of 2022 , the following return information from returns (for any taxable year specified by such Executive Director as relevant to such purpose) of an individual certified by such Executive Director as having an account in the American Worker Retirement Fund:

Taxpayer identity information. Filing status. Gross income. If applicable, the fact that there was no return filed. . Section 6103(p)(4) of such Code is amended by striking or

(22)both places it appears and inserting (22), or

(23). The amendments made by this section shall apply to disclosures made after the date of the enactment of this Act.