On the recordSeptember 30, 1997
Although it is $204 million below what the President requested, we have three increases for the IRS. We have $377 million for Y-2K, year 2000 compliance, to make sure that the computers are compliant and that we will be able to process tax returns at the new millennium, which I do not know of any Member who thinks we should not be able to do in our Federal agencies. There is $325 million in this bill for technology investment. This was formerly called the tax system modernization program, but unfortunately that money was wasted, and we have now gone back and said that not one dime of this $325 million can be spent by the IRS until there is actually an architectural blueprint or a plan for how it is going to be used. Finally $138 million is in there for the earned income tax compliance initiative. We heard about this during the debate over the budget, the concerns about fraud and abuse of the EITC. I think it is a priority of this House that we have more compliance with the EITC. That is why we have it in here.
Source
govinfo.gov




