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Unlocking Low-Income Taxpayer Clinic Funding Act
To amend the Internal Revenue Code of 1986 to modify the matching funds requirement for grants provided to low-income taxpayer clinics.
Summary
- Amends the Internal Revenue Code to modify the matching funds requirement for grants provided to low-income taxpayer clinics.
- Allows matching funds to include the salary and fringe benefits of individuals performing services for the clinic and the cost of equipment used in the clinic.
- Excludes indirect expenses and general overhead of the sponsoring institution from counting as matching funds.
- Sets the default matching funds requirement at 100 percent of the grant amount, but allows the Secretary of the Treasury to reduce it to no less than 25 percent if doing so would expand clinic coverage to additional taxpayers.
- The amendments apply to calendar years beginning after the date of enactment.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Sen. Welch, Peter [D-VT] (D-VT)
1 cosponsor
- Sen. Marshall, Roger [R-KS] (R-KS)
Money behind the sponsor
Top reported contributors to Peter Welch’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $8,600
- THE OLD MOUNTAIN COMPANY, INC. $3,300
- WEST FRONT STRATEGIES $2,500
- UCAR $2,300
- MINILEC SERVICE $2,000
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Peter Welch → · Outside spending →
Actions (2)
- Jun 24, 2026 Read twice and referred to the Committee on Finance. · senate
- Jun 24, 2026 Introduced in Senate
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE SENATE OF THE UNITED STATES
June 24, 2026
Mr. Welch (for himself and Mr. Marshall) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to modify the matching funds requirement for grants provided to low-income taxpayer clinics.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Unlocking Low-Income Taxpayer Clinic Funding Act”.
SEC. 2. LOW-INCOME TAXPAYER CLINIC FUNDING UNLOCKED.
(a) Matching Funds.—Paragraph (5) of section 7526(c) of the Internal Revenue Code of 1986 is amended to read as follows:
“(5) Requirement of matching funds.—
“(A) In general.—With respect to any grant provided to a low-income taxpayer clinic under this section, such clinic shall provide matching funds equal to the applicable percentage of the amount of such grant.
“(B) Matching funds.—
“(i) In general.—For purposes of this paragraph, the term ‘matching funds’ may include—
“(I) the salary (including fringe benefits) of individuals performing services for the low-income taxpayer clinic, and
“(II) the cost of equipment used in the low-income taxpayer clinic.
“(ii) Exclusion.—For purposes of this paragraph, the term ‘matching funds’ shall not include any indirect expenses, such as general overhead of the institution sponsoring the low- income taxpayer clinic.
“(C) Applicable percentage.—For purposes of subparagraph (A), the applicable percentage shall be 100 percent, except that the Secretary may establish a lower percentage (not below 25 percent) if the Secretary determines that such percentage would expand the coverage of the low-income taxpayer clinic to additional taxpayers.”.
(b) Technical Amendments.—Section 7526(c) of the Internal Revenue Code of 1986, as amended by subsection (a), is further amended—
(1) by striking paragraphs (1) and (2), and
(2) by redesignating paragraphs (3) through (6) as paragraphs (1) through (4).
(c) Effective Date.—The amendments made by this section shall apply to calendar years beginning after the date of enactment of this Act. <all>
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