Section 1. Short title
This Act may be cited as the Spend It At Home Act.
(a) In general
The Secretary of the Treasury shall ensure that each Federal income tax form includes a provision that allows the taxpayer to indicate whether the Federal income taxes paid by the taxpayer with respect to the taxable year to which such tax form relates should be used by the Federal Government for—
(1) domestic purposes, or
(2) international purposes.
(b) Public reporting of information
The Secretary of the Treasury shall annually make publicly available the following information obtained pursuant to subsection (a) with respect to taxable years beginning in each calendar year:
(1) The aggregate amount of Federal income taxes that taxpayers indicated should be used for purposes described in paragraph (1) or (2) of subsection (a) (stated separately for each such paragraph).
(2) The aggregate number of taxpayers (determined by treated joint returns as 2 taxpayers) who indicated that their Federal income taxes should be used for the purposes described in paragraph (1) or (2) of subsection (a) (stated separately for each such paragraph).
Section 3. Rescission of certain balances made available to the Internal Revenue Service
The unobligated balances of amounts appropriated or otherwise made available for activities of the Internal Revenue Service by paragraphs (1)(A)(ii), (1)(A)(iii), (1)(B), (2), (3), (4), and (5) of section 10301 of Public Law 117–169 (commonly known as the “Inflation Reduction Act of 2022”) as of the date of the enactment of this Act are rescinded.