S.2998: Tax Payment Clarification Act

About This Bill

  • Introduced Dec. 9, 2019
  • Latest Major Action Dec. 9, 2019

Bill Sponsor

Bill Version

Bill Summary

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.

(Source: Library of Congress)

Bill Actions

Date Description
Dec. 9, 2019
Read twice and referred to the Committee on Finance.
Dec. 9, 2019

Introduced in the Senate by Mike Braun (R-Ind.)

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