[Congressional Record Volume 163, Number 194 (Wednesday, November 29, 2017)]
[Senate]
[Page S7472]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 1634. Mr. DAINES submitted an amendment intended to be proposed to
amendment SA 1618 submitted by Mr. Hatch (for himself and Ms.
Murkowski) and intended to be proposed to the bill H.R. 1, to provide
for reconciliation pursuant to titles II and V of the concurrent
resolution on the budget for fiscal year 2018; which was ordered to lie
on the table; as follows:
At the end of part VIII of subtitle A of title I, insert
the following:
SEC. 11082. TAXPAYER REFUND PROGRAM.
(a) In General.--The Secretary of the Treasury shall
implement a program under which taxpayers who have paid a
penalty under section 5000A of the Internal Revenue Code of
1986 for any taxable year beginning after December 31, 2013,
and before January 1, 2016, receive 1 payment in refund of
all such penalties paid, without regard to whether or not an
amended return is filed. Such payment shall be made not later
than April 15, 2018.
(b) Waiver of Statute of Limitations.--Solely for purposes
of claiming the refund under subsection (a), the period
prescribed by section 6511(a) of the Internal Revenue Code of
1986 with respect to any payment of a penalty under section
5000A shall be extended until the date prescribed by law
(including extensions) for filing the return of tax for the
taxable year that includes December 31, 2017.
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