3.0.0 3121 2019-11-15T21:57:54Z 2019-11-15T21:57:54Z Senate S S 2008-06-12 110 ssfi00 Finance Committee Senate Standing Referred to 2008-06-12T18:21:08Z 110 6266 HR 2008-06-12 Referred to the House Committee on Ways and Means. Identical bill CRS 2008-06-12 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2008-06-12 Introduced in Senate IntroReferral 10000 9 Library of Congress N000180 Sen. Nelson, Ben [D-NE] E. Nelson D NE Benjamin N R000307 Sen. Roberts, Pat [R-KS] PAT ROBERTS R KS 2008-06-12 True C000880 Sen. Crapo, Mike [R-ID] Mike Crapo R ID 2008-06-12 True B001233 Sen. Bayh, Evan [D-IN] EVAN BAYH D IN 2008-06-12 True L000504 Sen. Lugar, Richard G. [R-IN] RICHARD LUGAR R IN GREEN 2008-06-12 True Taxation Income tax Tax administration Tax evasion Tax penalties Tax returns Taxation

00 2008-06-12 Introduced in Senate 2008-06-24T18:59:09Z Amends the Internal Revenue Code to modify provisions relating to the waiver of penalties for failure to disclose reportable transactions (i.e., transactions which have a potential for tax avoidance or evasion) to grant authority to the Secretary of the Treasury (instead of the Commissioner of Internal Revenue) to rescind or waive all or a portion of such penalties and to allow a waiver if there was reasonable cause for the failure to disclose such transactions and the taxpayer acted in good faith.

]]>

Official Title as Introduced Display Title Introduced in Senate 2008-06-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s3121is/xml/BILLS-110s3121is.xml 2008-06-12 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.