I 111th CONGRESS 1st Session H. R. 1241 IN THE HOUSE OF REPRESENTATIVES March 2, 2009 Ms. Norton introduced the following bill; which was referred to the Committee on Ways and Means A BILL To increase the penalty for failure to file a partnership or S corporation return.

1.

Increase in penalty for failure to file a partnership or S corporation return

In the case of any return required to be filed under section 6031 or 6037 of the Internal Revenue Code of 1986— (1)for a taxable year beginning in 2010, the dollar amount in effect under section 6698(b)(1) or 6699(b)(1) of such Code, as the case may be, shall be increased by $2, and (2)for a taxable year beginning in 2011, the dollar amount in effect under section 6698(b)(1) or 6699(b)(1) of such Code, as the case may be, shall be increased by $1.