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I
116TH CONGRESS
1ST SESSION H. R. 1300
To provide for a temporary safe harbor for certain failures by individuals
to pay estimated income tax.
IN THE HOUSE OF REPRESENTATIVES
FEBRUARY 15, 2019
Ms. JUDY CHU of California (for herself, Mr. LEWIS, Ms. SA´NCHEZ, Mr. PAS-
CRELL, Mr. DOGGETT, Mr. GOMEZ, Mr. PANETTA, Mr. EVANS, Mr.
BRENDAN F. BOYLE of Pennsylvania, Mr. LARSON of Connecticut, Ms.
SEWELL of Alabama, Mr. DANNY K. DAVIS of Illinois, Mr. HIGGINS of
New York, and Mr. BLUMENAUER) introduced the following bill; which
was referred to the Committee on Ways and Means
A BILL
To provide for a temporary safe harbor for certain failures
by individuals to pay estimated income tax.
Be it enacted by the Senate and House of Representa-
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tives of the United States of America in Congress assembled,
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SECTION 1. SHORT TITLE.
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This Act may be cited as the ‘‘Taxpayer Penalty Pro-
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tection Act of 2019’’.
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SEC. 2. TEMPORARY SAFE HARBOR FOR FAILURE BY INDI-
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VIDUALS TO PAY ESTIMATED INCOME TAX.
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In the case of a taxable year beginning in 2018—
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•HR 1300 IH
(1) IN
GENERAL.—Section 6654(d)(1)(B) of
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the Internal Revenue Code of 1986 shall be ap-
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plied—
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(A) by substituting ‘‘80 percent’’ for ‘‘90
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percent’’ each place such term appears in clause
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(i) of such section, and
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(B) by substituting ‘‘80 percent’’ for ‘‘100
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percent’’ in clause (ii) of such section.
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(2) INDIVIDUALS WITH ADJUSTED GROSS IN-
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COME OF $150,000.—In the case of an individual to
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whom section 6654(d)(1)(C) of such Code would
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(but for this paragraph) apply, section 6654 of such
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Code shall be applied without regard to—
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(A) paragraph (1)(B) of this Act, and
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(B) section 6654(d)(1)(C) of such Code.
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(3)
FARMERS
AND
FISHERMEN.—Section
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6654(i) of such Code shall be applied without regard
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to this Act.
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Æ
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