H.R. 3566 · 118th Congress
SAFE Act
- Stage
- In committee
- Sponsor
- Judy Chu
- Introduced
- 2023-05-22
- Latest action
- 2023-05-22 · Introduced in House
Summary
Simplify Automatic Filing Extensions Act or the SAFE Act
This bill eliminates the penalty for failure to pay income tax for individual taxpayers who timely pay 125% of their income tax liability for the immediately preceding taxable year.