IRS, Customs Funds Stay Alive

WASHINGTON (07/21/2000) - The House Appropriations Committee on Tuesday approved the fiscal 2001 Treasury/Postal Service spending bill that includes money to set U.S. Customs Service modernization in motion and continue modernizing the U.S. Internal Revenue Service.

The US$14.4 billion bill makes $140 million available for organizational modernization at the IRS and provides $282 million to implement the IRS Restructuring and Reform Act of 1998.

The bill, which goes to the Senate next, also included:

* $105 million to begin Customs' Automated Commercial Environment (ACE) program to replace an antiquated automation system being used for import processing.

* $123 million to keep the aging import system working while ACE is put in place.

* $5.9 million to allow the National Archives and Records Administration to transfer and begin processing presidential and federal records from the Clinton administration.

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