Colorado Probate Blog - Wade Ash Woods Hill & Farley, P.C.

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President Signs Bill Decreasing IRS' Funding for 2014

On January 17, 2014, President Obama signed into law H.R. 3547, the Consolidated Appropriations Act of 2014, which funds the government through the 2014 fiscal year. The provision also provides for $11.2 billion in funding for IRS - i.e., a $526 million decrease from 2013 funding - and includes a mandate that at least $200,000 should be earmarked for intensive training of employees in the Exempt Organization division. The Senate, by a vote of 72 to 26, had previously approved H.R. 3547 on January 16. The House, by a vote of 359 to 67, had approved the bill on January 15.

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