Cancels any unused funds that had been set aside for certain Internal Revenue Service (IRS) activities by the 2022 Inflation Reduction Act. The cancellation applies only to money that has not yet been obligated on the day this becomes law.

It does not change the tax code or pull back money already committed or spent. The amount of savings depends on how much is still unobligated at enactment. This could limit some planned IRS work, such as service improvements, enforcement expansions, or technology upgrades funded by the 2022 law.