# 119-hr-4826: Cutting Paperwork for Taxpayers Act

119-hr-4826, Cutting Paperwork for Taxpayers Act, is a 119th Congress bill sponsored by Rep. Vindman, Eugene Simon [D-VA-7] (D-VA); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-4826
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-4826
- Congress: 119
- Title: Cutting Paperwork for Taxpayers Act
- Status: introduced
- Introduced: 2025-07-29
- Sponsor: Rep. Vindman, Eugene Simon [D-VA-7] (D-VA)
- Cosponsors: 1
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Exclude interest paid on tax overpayments from taxable income.** The bill would amend the Internal Revenue Code to exclude from gross income any interest allowed and paid on a tax overpayment under section 6611 for individuals and eligible small businesses described in section 44(b)(1). It would add a new Section 139J to Part III of Subchapter B of Chapter 1 and update the table of contents. The exclusion would apply to taxable years beginning after enactment.

## Cosponsors (1)

- Rep. Kim, Young [R-CA-40] (R-CA), 2025-07-29T00:00:00.000Z

## Provisions PRIA read

- Tax-free IRS interest for people and small businesses: benefit, high. If enacted, interest the IRS pays on your tax refund would not be taxed. This would apply to individuals and to eligible small businesses defined in section 44(b)(1). It would cover only interest on tax overpayments paid under section 6611. It would start for tax years that begin after the law is e…

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-6900: American Affordability Act of 2025
- 119-hr-4669: FEMA Act of 2025
- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-7977: Energy Bills Relief Act
- 119-hr-2725: Affordable Housing Credit Improvement Act of 2025

## Sources
- [119-hr-4826 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/4826)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-6900: American Affordability Act of 2025](https://policyrisk.com/legislation/119-hr-6900)
- [119-hr-4669: FEMA Act of 2025](https://policyrisk.com/legislation/119-hr-4669)
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hr-2725: Affordable Housing Credit Improvement Act of 2025](https://policyrisk.com/legislation/119-hr-2725)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-4826 (as of 2026-04-21).
