125 
(6) 
EXCEPTION
FOR
CERTAIN
BENE-
FICIARIES.— 
(A) IN GENERAL.—If an employee dies be-
fore the effective date, then, in applying the 
amendments made by this subsection to such 
employee’s designated beneficiary who dies after 
such date— 
(i) such amendments shall apply to 
any beneficiary of such designated bene-
ficiary; and 
(ii) the designated beneficiary shall be 
treated as an eligible designated bene-
ficiary for purposes of applying section 
401(a)(9)(H)(iv) of the Internal Revenue 
Code of 1986 (as in effect after such 
amendments). 
(B) EFFECTIVE DATE.—For purposes of 
this paragraph, the term ‘‘effective date’’ means 
the first day of the first calendar year to which 
the amendments made by this subsection apply 
to a plan with respect to employees dying on or 
after such date. 
(b) PROVISIONS
RELATING
TO
PLAN
AMEND-
MENTS.— 
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pamtmann on DSKBFK8HB2PROD with BILLS
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(1) IN GENERAL.—If this subsection applies to 
any plan amendment— 
(A) such plan shall be treated as being op-
erated in accordance with the terms of the plan 
during the period described in paragraph 
(2)(B)(i); and 
(B) except as provided by the Secretary of 
the Treasury, such plan shall not fail to meet 
the requirements of section 411(d)(6) of the In-
ternal Revenue Code of 1986 and section 
204(g) of the Employee Retirement Income Se-
curity Act of 1974 by reason of such amend-
ment. 
(2) AMENDMENTS TO WHICH SUBSECTION AP-
PLIES.— 
(A) IN
GENERAL.—This subsection shall 
apply to any amendment to any plan or which 
is made— 
(i) pursuant to any amendment made 
by this section or pursuant to any regula-
tion issued by the Secretary of the Treas-
ury under this section or such amend-
ments; and 
(ii) on or before the last day of the 
first plan year beginning after December 
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pamtmann on DSKBFK8HB2PROD with BILLS
127 
31, 2020, or such later date as the Sec-
retary of the Treasury may prescribe. 
In the case of a governmental or collectively 
bargained plan to which subparagraph (B) or 
(C) of subsection (a)(4) applies, clause (ii) shall 
be applied by substituting the date which is 2 
years after the date otherwise applied under 
such clause. 
(B) CONDITIONS.—This subsection shall 
not apply to any amendment unless— 
(i) during the period— 
(I) beginning on the date the leg-
islative or regulatory amendment de-
scribed in paragraph (1)(A) takes ef-
fect (or in the case of a plan amend-
ment not required by such legislative 
or regulatory amendment, the effec-
tive date specified by the plan); and 
(II) ending on the date described 
in subparagraph (A)(ii) (or, if earlier, 
the date the plan amendment is 
adopted), 
the plan is operated as if such plan amend-
ment were in effect; and 
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pamtmann on DSKBFK8HB2PROD with BILLS
128 
(ii) such plan amendment applies 
retroactively for such period. 
SEC. 502. INCREASE IN PENALTY FOR FAILURE TO FILE. 
(a) IN GENERAL.—The second sentence of subsection 
(a) of section 6651 of the Internal Revenue Code of 1986 
is amended by striking ‘‘$205’’ and inserting ‘‘$400’’. 
(b) EFFECTIVE DATE.—The amendment made by 
this section shall apply to returns the due date for which 
(including extensions) is after December 31, 2018. 
SEC. 503. INCREASED PENALTIES FOR FAILURE TO FILE 
RETIREMENT PLAN RETURNS. 
(a) IN GENERAL.—Subsection (e) of section 6652 of 
the Internal Revenue Code of 1986 is amended— 
(1) by striking ‘‘$25’’ and inserting ‘‘$100’’; 
and 
(2) by striking ‘‘$15,000’’ and inserting 
‘‘$50,000’’. 
(b) ANNUAL REGISTRATION STATEMENT AND NOTI-
FICATION OF CHANGES.—Subsection (d) of section 6652 
of the Internal Revenue Code of 1986 is amended— 
(1) by striking ‘‘$1’’ both places it appears in 
paragraphs (1) and (2) and inserting ‘‘$2’’; 
(2) by striking ‘‘$5,000’’ in paragraph (1) and 
inserting ‘‘$10,000’’; and 
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129 
(3) by striking ‘‘$1,000’’ in paragraph (2) and 
inserting ‘‘$5,000’’. 
(c) FAILURE TO PROVIDE NOTICE.—Subsection (h) 
of section 6652 of the Internal Revenue Code of 1986 is 
amended— 
(1) by striking ‘‘$10’’ and inserting ‘‘$100’’; 
and 
(2) 
by 
striking 
‘‘$5,000’’ 
and 
inserting 
‘‘$50,000’’. 
(d) EFFECTIVE DATE.—The amendments made by 
this section shall apply to returns, statements, and notifi-
cations required to be filed, and notices required to be pro-
vided, after December 31, 2018. 
SEC. 504. INCREASE INFORMATION SHARING TO ADMIN-
ISTER EXCISE TAXES. 
(a) IN GENERAL.—Section 6103(o) of the Internal 
Revenue Code of 1986 is amended by adding at the end 
the following new paragraph: 
‘‘(3) TAXES IMPOSED BY SECTION 4481.—Re-
turns and return information with respect to taxes 
imposed by section 4481 shall be open to inspection 
by or disclosure to officers and employees of United 
States Customs and Border Protection of the De-
partment of Homeland Security whose official duties 
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pamtmann on DSKBFK8HB2PROD with BILLS
130 
require such inspection or disclosure for purposes of 
administering such section.’’. 
(b) CONFORMING AMENDMENTS.—Paragraph (4) of 
section 6103(p) of the Internal Revenue Code of 1986 is 
amended by striking ‘‘or (o)(1)(A)’’ each place it appears 
and inserting ‘‘, (o)(1)(A), or (o)(3)’’. 
SEC. 505. PENSION VARIABLE RATE PREMIUM PAYMENT 
ACCELERATION. 
Notwithstanding section 4007(a) of the Employee 
Retirement Income Security Act of 1974 (29 U.S.C. 
1307(a)) and section 4007.11 of title 29, Code of Federal 
Regulations, any additional premium determined under 
subparagraph (E) of section 4006(a)(3) of such Act (29 
U.S.C. 1306(a)(3)) the due date for which is (but for this 
section) after September 30, 2027, and before June 1, 
2028, shall be due not later than September 30, 2027. 
Æ 
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