I 115th CONGRESS 2d Session H. R. 7300 IN THE HOUSE OF REPRESENTATIVES December 13, 2018 Ms. Judy Chu of California (for herself, Mr. Doggett , Mr. Larson of Connecticut , Mr. Danny K. Davis of Illinois , Mr. Higgins of New York , and Ms. Sánchez ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To provide for a one-time safe harbor for certain failures by individuals to pay estimated income tax.

1. Short title This Act may be cited as the Taxpayer Penalty Protection Act of 2018 . 2. Safe harbor for failure by individuals to pay estimated income tax In the case of a taxable year beginning in 2018— (1) section 6654(d)(1)(B)(ii) of the Internal Revenue Code of 1986 shall be applied by substituting 80 percent for 100 percent ; and (2) the table in section 6654(d)(1)(C) of such Code shall be applied by substituting 100 for 110 .