HR 5515 · 102th Congress · Taxation

To amend the Internal Revenue Code of 1986 to allow a reasonable cause exception for the failure to make certain payments with respect to partnerships and S corporations not using a required taxable year.

Introduced 1992-06-30· Sponsored by Rep. Kopetski, Mike [D-OR-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1992-06-30)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow an exception for the failure of partnerships and S corporations not using a required taxable year to make certain payments if such failure is due to reasonable cause and not due to willful neglect.…

Summarized by Claude AI · Non-partisan · For informational purposes only