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United States · Bill · HR

H.R. 6654 (97th)

A bill to amend the Internal Revenue Code of 1954 to allow the Secretary of the Treasury to waive the interest penalty for failure to pay estimated income tax, for elderly and retired persons, in certain situations.

openUnited States· United States Congress· EN

Introduced

22 June 1982

Last action

19 August 1982 · Committee

Status

See H.R.4961.

Sponsors

Rep. Rinaldo, Matthew J. [R-NJ-7], Rep. Pepper, Claude [D-FL-18], Rep. Anderson, Glenn M. [D-CA-32], Rep. AuCoin, Les [D-OR-1], Rep. Bafalis, L. A. (Skip) [R-FL-10], Rep. Barnard, Doug, Jr. [D-GA-10], Rep. Bevill, Tom [D-AL-4], Rep. Blanchard, James [D-MI-18], Rep. Boland, Edward P. [D-MA-2], Rep. Burton, John [D-CA-5], Rep. Clinger, William F., Jr. [R-PA-5], Rescom. Corrada, Baltasar [I-PR-At Large], Rep. Crockett, George W., Jr. [D-MI-13], Rep. DeNardis, Lawrence J. [R-CT-3], Rep. Edgar, Robert W. [D-PA-7], Rep. Fazio, Vic [D-CA-3], Rep. Findley, Paul [R-IL-20], Rep. Florio, James J. [D-NJ-1], Rep. Forsythe, Edwin B. [R-NJ-6], Rep. Frenzel, Bill [R-MN-3], Rep. Gingrich, Newt [R-GA-6], Rep. Hagedorn, Thomas M. [R-MN-2], Rep. Hall, Sam B., Jr. [D-TX-1], Rep. Hollenbeck, Harold C. [R-NJ-9], Rep. Johnston, Eugene (Gene) [R-NC-6], Rep. Lantos, Tom [D-CA-12], Rep. Mitchell, Parren J. [D-MD-7], Rep. Moakley, John Joseph [D-MA-9], Rep. Moffett, Toby [D-CT-6], Rep. Ottinger, Richard L. [D-NY-20], Rep. Rodino, Peter W., Jr. [D-NJ-10], Rep. Roe, Robert A. [D-NJ-8], Rep. Rosenthal, Benjamin S. [D-NY-8], Rep. St Germain, Fernand J. [D-RI-1], Rep. Schroeder, Patricia [D-CO-1], Rep. Schulze, Richard T. [R-PA-5], Rep. Seiberling, John F. [D-OH-14], Sen. Simon, Paul [D-IL], Del. Sunia, Foto I. F. [D-AS-At Large], Rep. Washington, Harold [D-IL-1], Rep. Yates, Sidney R. [D-IL-9], Rep. Young, Robert A. [D-MO-2], Rep. McHugh, Matthew F. [D-NY-28], Rep. Richmond, Frederick W. [D-NY-14], Rep. Fish, Hamilton, Jr. [R-NY-19], Rep. Stokes, Louis [D-OH-11], Rep. Smith, Christopher H. [R-NJ-4], Rep. Heckler, Margaret M. [R-MA-10]

Subjects

Taxation

Source updated

7 February 2024

Taxation

Summary

Amends the Internal Revenue Code to authorize the Secretary of the Treasury to prescribe regulations exempting retirees or individuals over age 65 from interest penalties with respect to any underpayment of estimated tax. Requires that such underpayment be due to reasonable cause (defined to include mistake or ignorance of the law) and not to willful neglect.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 22 June 1982

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  2. 22 June 1982

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 22 June 1982

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 19 August 1982

    Committee

    See H.R.4961.

    Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Leesvertaling

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Sponsors

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Sources

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