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S 2998 116th Congress Senate Taxation Income tax credits Income tax deferral Interest, dividends, interest rates Tax administration and collection, taxpayers Taxation of foreign income

Tax Payment Clarification Act

Introduced: December 9, 2019 See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 9, 2019
Read twice and referred to the Committee on Finance.
Dec 9, 2019
Introduced in Senate
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 Plain-English summary Congressional Research Service

Tax Payment Clarification Act

This bill amends the Internal Revenue Code to provide that installment payment of taxes on deferred foreign income shall not prevent a credit or refund of overpayments of tax or an increase in estimated taxes.

What's happening now December 9, 2019

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • HR 2985 Related bill To amend the Internal Revenue Code of 1986 to clarify that payment of taxes on deferred foreign income in installments …
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Moran, Jerry
Kansas · Jan 7, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2998: Tax Payment Clarification Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-2998/
MLA
"S. 2998: Tax Payment Clarification Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-2998/.
Bluebook (legal)
S. 2998, 116th Cong. (2026), https://openamerica.io/bill/116-S-2998/.
Markdown link
[S. 2998: Tax Payment Clarification Act](https://openamerica.io/bill/116-S-2998/)
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