; and (3) require covered entities to implement the Application Programming Interfaces, as appropriate. 12. News media protections Covered entities engaged in journalism shall not be subject to the obligations imposed under this Act to the extent that those obligations directly infringe on the journalism, rather than the business practices, of the covered entity. 13. Excise tax (a) In general Subtitle D of the Internal Revenue Code of 1986 is amended by adding at the end the following new chapter: 50A Failure to certify data protection reports Sec. 5000D. Failure to certify data protection reports. 5000D. Failure to certify data protection reports (a) Imposition of tax In the case of any covered reporting entity with respect to which a responsible executive has been convicted under section 1352(d) of title 18, United States Code, there is imposed a tax equal to the amount determined under subsection (b). (b) Amount of tax (1) In general The amount determined under this subsection is the applicable percentage of the amount determined under paragraph (3). (2) Applicable percentage For purposes of paragraph (1), the applicable percentage is— (A) in the case of a covered reporting entity that is a corporation, the highest rate of tax in effect under section 11 for the taxable year which includes the date on which the specified annual data protection report to which the conviction relates is due, and (B) in the case of any other covered reporting entity, the highest rate of tax in effect under section 1 for such taxable year. (3) Amount determined (A) In general The amount determined under this paragraph is the sum of the covered compensation amounts of each responsible executive of the covered reporting entity who has been convicted under section 1352(d) of title 18, United States Code. (B) Covered compensation amount For purposes of subparagraph (A), the covered compensation amount with respect to any responsible executive is the largest amount of annual wages (as defined in section 3121(a), determined without