Code · BILL · 118th Congress · S. 136 (Introduced in Senate) — To provide a consumer protection framework necessary to support the growth of accessible, affordable, and accountable... · Sec. 403

Sec. 403. Consent to continuing release of taxpayer information under educational ISAs and income share agreements

87 words·~1 min read·/bill/118/s/136/is/section-403

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By not later than 180 days after the date of enactment of this Act, the Secretary of the Treasury shall modify Treasury regulations and guidance to provide for continuing consent to disclosure of an individual’s return information to an ISA provider (or the provider's successor in interest) under an educational ISA or other income share agreement, but only for periods relevant to, and only to the extent the Secretary determines is necessary and appropriate in carrying out the terms of, such educational ISA or income share agreement.