Tax Deadline Simplification Act

Bill: 117-hr-4214
Sponsor: full_name: Rep. Lesko, Debbie [R-AZ-8]
Introduced: 2021-06-29
Policy area: Taxation
Latest action: action_date: 2021-06-29
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2021-06-29
action_desc: Introduced in House
text: <p><strong>Tax Deadline Simplification Act</strong></p> <p>This bill requires individual estimated income tax to be paid on a quarterly basis.</p>

tv_txt: I 117th CONGRESS 1st Session H. R. 4214 IN THE HOUSE OF REPRESENTATIVES June 29, 2021 Mrs. Lesko (for herself and Mr. Schneider ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to require estimated income tax installments to be paid on a quarterly basis.

1. Short title This Act may be cited as the Tax Deadline Simplification Act . 2. Quarterly installments for estimated income tax payments by individual (a) In general The table contained in paragraph (2) of section 6654(c) of the Internal Revenue Code of 1986 is amended— (1) by striking June 15 and inserting July 15 , and (2) by striking September 15 and inserting October 15 . (b) Effective date The amendments made by this section shall apply to installments due in taxable years beginning after the date of the enactment of this Act.