Small Business Paperwork Reduction Act Amendments of 1998

[AI summary unavailable — showing source text] Small Business Paperwork Reduction Act Amendments of 1998 - Amends the Paperwork Reduction Act to require the Director of the Office of Management and Budget to publish annually in the Federal Register a list of requirements applicable to small business concerns with respect to collection of information by agencies. Requires each Federal agency, with respect to the collection of information and the control of paperwork: (1) to establish one agency point of contact to act as a liaison with small businesses; (2) in the case of a first-time information collection violation by a small business which does not cause actual serious harm to the public health or safety, to impose no civil fine on such business if the violation is corrected within six months of violation notification; and (3) if a violation presents an imminent and substantial danger to public health or safety, to impose no civil fine if the violation is corrected within 24 hours after violation notification. Allows an agency to waive the suspension of such fines after congressional notification. Excludes the Internal Revenue Service as a Federal agency for purposes of (2) and (3), above. Establishes a task force to study an…