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Small Tax Case Threshold Modernization Act
To amend the Internal Revenue Code of 1986 to adjust the threshold for conducting Tax Court proceedings relating to small disputes.
Summary
- Increases the Tax Court threshold for small disputes from $50,000 to $100,000
- Establishes annual cost-of-living adjustments to the $100,000 threshold for petitions and appeals filed after 2026
- Inflation adjustments are rounded down to the nearest multiple of $1,000
- Updates section headings to refer to "small disputes" rather than the specific dollar amount
- Applies to proceedings commencing after the bill's 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. Cornyn, John [R-TX] (R-TX)
1 cosponsor
- Sen. Luján, Ben Ray [D-NM] (D-NM)
Money behind the sponsor
Top reported contributors to John Cornyn’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- CAPITAL GROUP $22,500
- ANDREESSEN HOROWITZ $16,500
- PALANTIR TECHNOLOGIES $13,686
- WINKLEVOSS CAPITAL MANAGEMENT $13,200
- BLACKSTONE $12,600
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for John Cornyn → · Outside spending →
Actions (2)
- Jul 22, 2026 Read twice and referred to the Committee on Finance. · senate
- Jul 22, 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.
Text versions (1)
Bills are re-published as they move (Introduced → Reported → Engrossed → Enrolled …). Each stage below is a separate text; pick two to see what changed. Data from Congress.gov.
Full text
IN THE SENATE OF THE UNITED STATES
July 22, 2026
Mr. Cornyn (for himself and Mr. Lujan) 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 adjust the threshold for conducting Tax Court proceedings relating to small disputes.
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 “Small Tax Case Threshold Modernization Act”.
SEC. 2. ADJUSTMENT OF THRESHOLD FOR SMALL DISPUTES.
(a) In General.—Section 7463 of the Internal Revenue Code of 1986 is amended—
(1) by striking “$50,000” each place it appears in subsections (a) and (f) and inserting “$100,000”, and
(2) by adding at the end the following new subsection:
“(g) Inflation Adjustment.—
“(1) In general.— In the case of any petition or appeal filed in a calendar year beginning after 2026, each of the $100,000 amounts in subsections (a) and (f) shall be increased by an amount equal to—
“(A) such dollar amount, multiplied by
“(B) the cost-of-living adjustment determined under section 1(f)(3) for the calendar year, determined by substituting ‘calendar year 2025’ for ‘calendar year 2016’ in subparagraph (A)(ii) thereof.
“(2) Rounding.—If any increase determined under paragraph
(1) is not a multiple of $1,000, such increase shall be rounded to the next lowest multiple of $1,000.”.
(b) Conforming Amendments.—
(1) The heading for section 7463 of such Code is amended by striking “disputes involving $50,000 or less” and inserting “small disputes”.
(2) The item relating to section 7463 in the table of section for part II of subchapter C of chapter 76 of such Code is amended by striking “Disputes involving $50,000 or less” and inserting “Small disputes”.
(c) Effective Date.—The amendments made by this section shall apply to proceedings commencing after the date of the enactment of this Act. <all>
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