Bill117th CongressFiled Sep 3, 2021Taxation
H.R. 5155
Taxpayer Penalty Protection Act of 2021
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Sep 3, 2021)
Taxpayer Penalty Protection Act of 2021
This bill exempts taxpayers from penalties for failure to pay estimated income tax in taxable years beginning in 2020 if such taxpayers (1) paid at least 70% of the tax due for the current year, and (2) paid 70% (90% if adjusted gross income exceeds $150,000) of tax shown on returns for the prior year.
What just happenedSep 3, 2021
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Chu, Judy [D-CA-27](D-CA)Sponsor
10 cosponsors7 D3 R
10cosponsors1committees3actions
- Introduced in HouseSep 3, 2021
- Sep 3, 2021IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Sep 3, 2021IntroReferralIntro-H
Introduced in House
- Sep 3, 2021IntroReferral1000
Introduced in House