Buchanan and Schweikert introduce the DETECT Act to enhance IRS tax fraud detection using artificial intelligence.
Quiver AI Summary
Congressman Vern Buchanan and Congressman David Schweikert have introduced the Digital Evaluation for Tax Enforcement and Compliance Tracking Act (DETECT Act), aimed at enhancing the IRS's ability to detect tax fraud using artificial intelligence. The legislation requires a study by the GAO on how AI can support IRS efforts in fraud detection.
Buchanan highlighted previous IRS reports showing over $9.1 billion identified as tax fraud in Fiscal Year 2024, emphasizing the need for efficient use of taxpayer dollars. The bill encourages the IRS to build on its successes in fraud investigations and convictions.
Original cosponsors of the DETECT Act include Representatives Aaron Bean, Randy Feenstra, Nathaniel Moran, Adam Smith, and Claudia Tenney, reflecting a bipartisan effort to strengthen IRS enforcement capabilities.
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Vern Buchanan Net Worth
Quiver Quantitative estimates that Vern Buchanan is worth $261.4M, as of August 19th, 2025. This is the 5th highest net worth in Congress, per our live estimates.
Buchanan has approximately $4.4M invested in publicly traded assets which Quiver is able to track live.
You can track Vern Buchanan's net worth on Quiver Quantitative's politician page for Buchanan.
Vern Buchanan Bill Proposals
Here are some bills which have recently been proposed by Vern Buchanan:
- H.R.4974: DETECT Act of 2025
- H.R.4548: Small Nonprofit Retirement Security Act of 2025
- H.R.4313: Hospital Inpatient Services Modernization Act
- H.R.3904: U.S. Bicycle Production and Assembly Act
- H.R.3750: FORCE-FIT Act
- H.R.3389: Alzheimer’s Law Enforcement Education Act of 2025
You can track bills proposed by Vern Buchanan on Quiver Quantitative's politician page for Buchanan.
Vern Buchanan Fundraising
Vern Buchanan recently disclosed $395.5K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 220th most from all Q2 reports we have seen this year. 45.1% came from individual donors.
Buchanan disclosed $152.0K of spending. This was the 366th most from all Q2 reports we have seen from politicians so far this year.
Buchanan disclosed $1.5M of cash on hand at the end of the filing period. This was the 210th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Vern Buchanan's fundraising on Quiver Quantitative.
