[House Report 119-43]
[From the U.S. Government Publishing Office]


119th Congress    }                                     {       Report
                        HOUSE OF REPRESENTATIVES
 1st Session      }                                     {       119-43

======================================================================



 
              DISASTER RELATED EXTENSION OF DEADLINES ACT

                                _______
                                

 March 27, 2025.--Committed to the Committee of the Whole House on the 
              State of the Union and ordered to be printed

                                _______
                                

Mr. Smith of Missouri, from the Committee on Ways and Means, submitted 
                             the following

                              R E P O R T

                        [To accompany H.R. 1491]

      [Including cost estimate of the Congressional Budget Office]

    The Committee on Ways and Means, to whom was referred the 
bill (H.R. 1491) to amend the Internal Revenue Code of 1986 to 
make the postponement of certain deadlines by reason of 
disasters applicable to the limitation on credit or refund, and 
to take postponements into account for purposes of sending 
collection notices, having considered the same, reports 
favorably thereon with an amendment and recommends that the 
bill as amended do pass.

                                CONTENTS
  
                                                                     Page
 I.  SUMMARY AND BACKGROUND.......................................      2
           A. Purpose and Summary.................................      2
           B. Background and Need for Legislation.................      2
           C. Legislative History.................................      3
           D. Designated Hearing..................................      4
II.  EXPLANATION OF THE BILL......................................      4
III. VOTE OF THE COMMITTEE........................................      7

IV.  BUDGET EFFECTS OF THE BILL...................................      8
           A. Committee Estimate of Budgetary Effects.............      8
           B. Statement Regarding New Budget Authority and Tax 
               Expenditures Budget Authority......................      8
           C. Cost Estimate Prepared by the Congressional Budget  
               Office.............................................      8
 V.  OTHER MATTERS TO BE DISCUSSED UNDER THE RULES OF THE HOUSE...     10
           A. Committee Oversight Findings and Recommendations....     10
           B. Statement of General Performance Goals and 
              Objectives.........................................      10
           C. Applicability of House Rule XXI, Clause 5(b)........     10
           D. Information Relating to Unfunded Mandates...........     10
           E. Congressional Earmarks, Limited Tax Benefits, and  
               Limited Tariff Benefits............................     10
           F. Duplication of Federal Programs.....................     10
           G. Tax Complexity Analysis.............................     11
VI.  CHANGES IN EXISTING LAW MADE BY THE BILL, AS REPORTED........     11
 
    The amendment is as follows:
    Strike all after the enacting clause and insert the 
following:

SECTION 1. SHORT TITLE.

  This Act may be cited as the ``Disaster Related Extension of 
Deadlines Act''.

SEC. 2. POSTPONEMENT OF CERTAIN DEADLINES BY REASON OF DISASTERS MADE 
                    APPLICABLE TO LIMITATION ON CREDIT OR REFUND.

  (a) Extension of Time for Filing Return.--
          (1) In general.--Section 7508A of the Internal Revenue Code 
        of 1986 is amended by adding at the end the following new 
        subsection:
  ``(f) Application to Limitation on Credit or Refund.--For purposes of 
section 6511(b)(2)(A), any period disregarded under this section with 
respect to the time prescribed for filing any return of tax shall be 
treated as an extension of time for filing such return.''.
          (2) Effective date.--The amendment made by this subsection 
        shall apply to claims filed after the date of the enactment of 
        this Act.
  (b) Collection Notices.--
          (1) In general.--Section 6303(b) of such Code is amended--
                  (A) by striking ``Except'' and inserting the 
                following:
          ``(1) In general.--Except'', and
                  (B) by adding at the end the following new paragraph:
          ``(2) Postponement by reason of disaster, significant fire, 
        or terroristic or military actions.--For purposes of paragraph 
        (1), the last date prescribed for payment of any tax shall be 
        determined after taking into account any period disregarded 
        under section 7508A.''.
          (2) Effective date.--The amendments made by this subsection 
        shall apply to notices issued after the date of the enactment 
        of this Act.

                       I. SUMMARY AND BACKGROUND


                         A. Purpose and Summary

    The bill, H.R. 1491, the ``Disaster Related Extension of 
Deadlines Act,'' as ordered reported by the Committee on Ways 
and Means on February 26, 2025.
    Under the provision, any period disregarded under section 
7508A with respect to the time prescribed for filing any return 
of tax is treated as an extension of time for purposes of 
determining the limitations on a refund or credit under section 
6511(b)(2)(A).
    In addition, under the provision, the last date prescribed 
for payment of any tax under section 6303 is clarified to take 
into account any period disregarded under section 7508A.

                 B. Background and Need for Legislation

    The Committee on Ways and Means has conducted oversight of 
the IRS and the need for modernization. On February 11, 2025, 
the Committee held a hearing titled ``IRS Return on Investment 
and the Need for Modernization,'' to examine the lack of return 
on investment from funding provided by to the IRS by the 
Inflation Reduction Act and the need for information technology 
modernization at the agency.\1\ During the Committee's 
consideration of how to modernize the administration of the tax 
laws, the Committee recognized several issues faced by 
taxpayers who are recovering from natural disasters, one being 
the strict time period that a taxpayer must file a claim for a 
credit or a refund when they have been affected by a natural 
disaster. Another is receiving a mailing notice from the IRS 60 
days after the filing deadline demanding a tax payment, that 
does not account for the taxpayer's extension granted under a 
federal natural disaster declaration.
---------------------------------------------------------------------------
    \1\H. Comm. On Ways and Means, Hearing: IRS Return on Investment 
and the Need for Modernization (Feb 11, 2025) https://
waysandmeans.house.gov/event/oversight-subcommittee-hearing-on-irs-
return-on-investment-and-the-need-for-modernization/.
---------------------------------------------------------------------------
    Currently, taxpayers who file tax returns by the April 15 
filing deadline ordinarily have the opportunity to file a claim 
for a credit or refund of any overpayments of tax until April 
15 three years later. However, if a filing deadline is 
postponed beyond the typical April 15 deadline due to a natural 
disaster, the taxpayer's allotted time to file a claim for a 
credit or a refund does not change. This leads to a decreased 
period of time in which a taxpayer must file a claim for a 
credit or refund, during the time that the taxpayer is 
recovering from a natural disaster.
    The IRS is required to send a letter of notice and demand 
to the taxpayer demanding payment within 60 days of assessment, 
but not before the last date prescribed for the payment of 
tax.\2\ Under current law, the IRS does not take into account a 
taxpayers extension related to natural disasters, often leading 
to the agency sending notice and demand letters prematurely.
---------------------------------------------------------------------------
    \2\Sec. 6303(a).
---------------------------------------------------------------------------
    Taxpayers should not be burdened by inadvertent notice and 
demand letters from the IRS that are sent erroneously without 
consideration of the taxpayer's extension granted due to a 
natural disaster.
    This bill brings parity to the tax filing extension that is 
granted due to a federally designated natural disaster to the 
three-year lookback period to file a claim for a credit or a 
refund and ensures the IRS does not send notice and demand 
letters prematurely. Taxpayers who are facing the difficulties 
of a natural disaster should receive the same timeline to file 
a claim for a credit or a refund and should not be burdened by 
erroneous notice and demand letters.
    The Committee on Ways and Means is committed to providing 
fair treatment to taxpayers who face the challenges of 
recovering from a natural disaster. This bill brings parity to 
the extension provided to taxpayers.

                         C. Legislative History


Background

    H.R. 1491 was introduced on February 21, 2025, and was 
referred to the Committee on Ways and Means.

Committee Hearings

    On February 11, 2025, the Committee on Ways and Means held 
a hearing titled, ``IRS Return on Investment and the Need for 
Modernization.''\3\
---------------------------------------------------------------------------
    \3\Id.
---------------------------------------------------------------------------

Committee Action

    The Committee on Ways and Means marked up H.R. 1491, the 
``Disaster Related Extension of Deadlines Act'' on February 26, 
2025, and ordered the bill, as amended, favorably reported 
(with a quorum being present).

                         D. Designated Hearing

    Pursuant to clause 3(c)(6) of Rule XIII, the following 
hearing was used to develop and consider H.R. 1491:
    ``IRS Return on Investment and the Need for Modernization'' 
on February 11, 2025.

                      II. EXPLANATION OF THE BILL


   A. Postponement of Certain Deadlines by Reason of Disasters Made 
 Applicable to Limitation on Credit or Refund (Sec. 2 of the Bill and 
            New Sec. 7508A(f) and Sec. 6303(b) of the Code)


                              PRESENT LAW

General time limits for filing tax returns and paying estimated tax

    Individuals generally are required to file their Federal 
income tax returns by April 15 of the year following the close 
of a taxable year.\4\ Present law also provides that the 
Secretary may grant reasonable extensions of time for filing 
such returns.\5\ Treasury regulations provide upon application 
on the proper form, an automatic six-month extension (until 
October 15 for calendar-year individuals) for any individual 
timely filing that form and paying the amount of tax estimated 
to be due.\6\
---------------------------------------------------------------------------
    \4\Sec. 6072.
    \5\Sec. 6081.
    \6\Treas. Reg. sec. 1.6081-4.
---------------------------------------------------------------------------
    In general, individuals are required to make quarterly 
estimated tax payments by April 15, June 15, September 15, and 
January 15 of the following taxable year. Wage withholding is 
considered to be a payment of estimated taxes.

Suspension of time periods

    In general, the Secretary may specify a period of up to one 
year that may be disregarded for performing various acts under 
the Code, such as filing tax returns, paying taxes, or filing a 
claim for credit or refund of tax, for any taxpayer determined 
by the Secretary to be affected by a Federally declared 
disaster,\7\ a significant fire,\8\ or a terroristic or 
military action\9\ with respect to any tax liability of the 
taxpayer.\10\ In addition, the period specified by the 
Secretary may be disregarded in determining the amount of any 
interest, penalty, additional amount, or addition to tax, and 
the amount of any credit or refund.
---------------------------------------------------------------------------
    \7\As defined by section 165(i)(5)(A).
    \8\Significant fire means any fire with respect to which assistance 
is provided under section 420 of the Robert T. Stafford Disaster Relief 
and Emergency Assistance Act.
    \9\As defined in section 692(c)(2).
    \10\Sec. 7508A.
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    There are special rules provided for pension plans and 
other employee benefit plans. The Secretary may prescribe a 
period of up to one year which may be disregarded in 
determining the date by which any action by a pension or other 
employee benefit plan, or by any sponsor, administrator, 
participant, beneficiary, or other person with respect to such 
plan, affected by a Federally declared disaster, a significant 
fire, or a terroristic or military action, would be required or 
permitted to be completed. A plan is not treated as operating 
in a manner inconsistent with its terms or in violation of its 
terms merely due to disregarding any such periods.
    The suspension of time may apply to a wide variety of acts, 
including the (1) filing of any return of income, estate, gift, 
employment, or excise tax; (2) payment of any income, estate, 
gift, employment, or excise tax; (3) allowance of a credit or 
refund of any tax; (4) assessment of any tax; (5) collection of 
the amount of any liability in respect of any tax; (6) notice 
or demand for payment of any tax or with respect to any 
liability of tax; and (7) any other act required or permitted 
under the internal revenue laws specified by the Secretary of 
the Treasury.\11\ The types of acts for which time may be 
suspended are identified in a related provision and 
incorporated by reference.\12\
---------------------------------------------------------------------------
    \11\Treas. Reg. sec. 301.7508A-1. The regulations note that the IRS 
may postpone deadlines for performing certain acts with respect to 
taxes other than taxes not administered by the IRS such as firearms tax 
(chapter 32, section 4181); harbor maintenance tax (chapter 36, section 
4461); and alcohol and tobacco taxes (subtitle E).
    \12\Sec. 7508(a)(1)(A) through (K). Under Treasury regulations, 
additional acts were added to this list with respect to affected 
pension plans and affected taxpayers with respect to such plans: Making 
contributions to a qualified retirement plan (within the meaning of 
section 4974(c)) under section 219(f)(3), 404(a)(6), 404(h)(1)(B), or 
404(m)(2); making distributions under section 408(d)(4); 
recharacterizing contributions under section 408A(d)(6); or making a 
rollover under section 402(c), 403(a)(4), 403(b)(8), or 408(d)(3). 
Treas. Reg. sec. 301.7508A-1(c)(1)(iii). In addition, Revenue Procedure 
2018-58, 2018-50 I.R.B. 990, supplements the list of postponed acts in 
section 7508(a)(1) and Treasury Regulation section 301.7508A-1(c)(1) 
with an additional list of time-sensitive acts.
---------------------------------------------------------------------------
    For a tax-related deadline to be postponed under this 
authority, the Internal Revenue Service (``IRS'') generally 
will publish, as soon as practicable after the declaration of 
the disaster, significant fire, or occurrence of a terroristic 
or military action, a revenue ruling, revenue procedure, 
notice, announcement, news release, or other guidance 
authorizing the postponement and describing the acts postponed, 
the postponement period, and the location of the covered 
disaster area.\13\
---------------------------------------------------------------------------
    \13\Treas. Reg. sec. 301.7508A-1(e).
---------------------------------------------------------------------------

Mandatory 60-day suspension

    In the case of a Federally declared disaster, qualified 
taxpayers have a mandatory 60-day period that is disregarded in 
determining whether the acts listed above were performed in the 
time prescribed; the amount of any interest, penalty, 
additional amount, or addition to tax; and the amount of any 
credit or refund.\14\ The 60-day period begins on the earliest 
incident date specified in the declaration to which the 
relevant disaster area relates and ends on the date which is 
the later of 60 days after the earliest incident date so 
specified or the date such declaration was issued. In the case 
of multiple declarations, a separate 60-day period shall be 
calculated with respect to each declaration. The 60-day period 
is disregarded in determining under the internal revenue laws, 
in respect of any tax liability of a qualified taxpayer, 
whether any of the specified acts to which the extension 
applies were performed within the time prescribed (without 
regard to any extensions otherwise provided for periods after 
the 60-day period). The mandatory 60-day period provided is in 
addition to, or concurrent with, any period of suspension 
provided by the Secretary. In the case of multiple 
declarations, a separate 60-day period shall be calculated with 
respect to each declaration.
---------------------------------------------------------------------------
    \14\Sec. 7805A(d)(1).
---------------------------------------------------------------------------
    Qualified taxpayers are (1) any individual whose principal 
residence is located in a disaster area, (2) any taxpayer if 
the taxpayer's principal place of business (other than the 
business of performing services as an employee) is located in a 
disaster area, (3) any individual who is a relief worker 
affiliated with a recognized government or philanthropic 
organization and who is assisting in a disaster area, (4) any 
taxpayer whose records necessary to meet a deadline for the 
acts listed above are maintained in a disaster area, (5) any 
individual visiting a disaster area who was killed or injured 
as a result of the disaster, and (6) solely with respect to a 
joint return, any spouse of an individual who is a qualified 
taxpayer.

Statute of limitations on credit or refund

    In general, a taxpayer is required to file a claim for 
credit or refund of an overpayment of tax within three years 
from the time the return was filed or two years from the time 
the tax was paid, whichever expires later.\15\ If the taxpayer 
did not file a return, the taxpayer is required to file a claim 
for credit or refund within two years from the time the tax was 
paid.\16\ No credit or refund is allowed or made after the 
expiration of this period of limitation, unless the taxpayer 
files a claim for credit or refund within such period.\17\
---------------------------------------------------------------------------
    \15\Sec. 6511(a).
    \16\Ibid.
    \17\Sec. 6511(b)(1).
---------------------------------------------------------------------------
    If a taxpayer files a claim for credit or refund during the 
three-year limitation period, the amount of credit or refund is 
limited to the portion of tax paid within the three years 
immediately before filing the claim plus the period of any 
extension of time for filing the return.\18\ If the claim was 
not filed within the three-year period, the amount of credit or 
refund is limited to the two years immediately preceding the 
filing of the claim.\19\
---------------------------------------------------------------------------
    \18\Sec. 6511(b)(2)(A). Any withholding and estimated taxes paid 
are deemed paid on April 15th in the year following the close of the 
tax year in which the tax is allowable as a credit. Sec. 6513(b).
    \19\Sec. 6511(b)(2)(B).
---------------------------------------------------------------------------

Notice and demand for payment

    Under present law, the IRS is required to mail to the 
taxpayer a notice and demand for payment within 60 days of 
assessment, but not before the last date prescribed for the 
payment of tax.\20\ An assessment generally occurs after a 
taxpayer files a return showing a tax liability owed, 
regardless of whether the amount is paid at that time. As 
explained above, the date by which notice or demand for tax is 
required to be mailed is among the events or actions specified 
as subject to postponement due to Federally declared disasters, 
etc.\21\
---------------------------------------------------------------------------
    \20\Sec. 6303(a).
    \21\Sec. 7508(a)(1)(H) and Treas. Reg. sec. 301.7508A-1(b)(4). In 
June 2023, for example, the IRS sent taxpayers who qualified for 
disaster relief but had not yet paid in full, a statutory notice of 
underpayment despite being granted a postponement of time under section 
7508A. To clarify the confusion generated by these letters, the IRS 
sent a second letter advising taxpayers in Federally declared disaster 
areas of the tax relief available to them, including the fact that they 
had additional time for filing and payment. Inspector General for Tax 
Administration, Department of the Treasury, Additional Actions Are 
Needed to Clearly Inform Taxpayers in Federally Declared Disaster Areas 
of Balance Due Payment Postponement Timeframes (TIGTA 2024--IE-R019), 
Appendix III, Management Response to the Draft Report, p. 15, September 
24, 2024.
---------------------------------------------------------------------------

                           REASONS FOR CHANGE

    The Committee believes that taxpayers eligible for relief 
by reason of Federally declared disaster, significant fire, 
terroristic or military action should not be treated 
differently than taxpayers eligible for relief for other 
reasons. The disparity arises because while claims for refunds 
are generally limited to amounts paid or deemed paid within 
three years of filing the claim (including extensions), 
disaster-related postponement relief is not considered an 
extension for refund claim purposes. Therefore, amounts paid 
timely, such as withholding and estimated taxes, may not be 
eligible for refund in certain circumstances because they were 
deemed paid before the end of the postponement period. Thus, 
the Committee believes that Congress should modify the Code to 
ensure that disaster victims who have overpaid their taxes will 
be able to claim a refund for these overpayments, as long as 
their claim is filed within three years of the date the return 
was filed.
    In addition, the Committee believes that taxpayers affected 
by disasters, etc. who are eligible for extension relief should 
not receive letters demanding payment from the IRS for tax 
liabilities not yet due. Specifically, the Committee believes 
that the Code should be modified such that affected taxpayers 
who choose to file their return early without including payment 
will not receive notice and demand letters before their tax 
liability is due.

                        EXPLANATION OF PROVISION

    Under the provision, any period disregarded under section 
7508A with respect to the time prescribed for filing any return 
of tax is treated as an extension of time for purposes of 
determining the limitations on a refund or credit under section 
6511(b)(2)(A).
    In addition, under the provision, the last date prescribed 
for payment of any tax under section 6303 is clarified to take 
into account any period disregarded under section 7508A.

                            EFFECTIVE DATES

    The provision with respect to the treatment of the 
disregarded period as an extension of time applies to claims 
filed after the date of enactment.
    The provision with respect to the determination of the last 
date prescribed for payment applies to notices issued after the 
date of enactment.

                       III. VOTE OF THE COMMITTEE

    Pursuant to clause 3(b) of rule XIII of the Rules of the 
House of Representatives, the following statement is made 
concerning the vote of the Committee on Ways and Means in its 
consideration of H.R. 1491, the ``Disaster Related Extension of 
Deadlines Act,'' on February 26, 2025.
    The bill, H.R. 1491, the ``Disaster Related Extension of 
Deadlines Act'' was ordered favorably reported to the House of 
Representatives as amended by a roll call vote of 44 yeas to 0 
nays (with a quorum being present). The vote was as follows:

----------------------------------------------------------------------------------------------------------------
        Representative             Yea       Nay      Present    Representative      Yea       Nay      Present
----------------------------------------------------------------------------------------------------------------
Mr. Smith (MO)................        X   .........  .........  Mr. Neal........        X   .........  .........
Mr. Buchanan..................        X   .........  .........  Mr. Doggett.....        X   .........  .........
Mr. Smith (NE)................        X   .........  .........  Mr. Thompson....        X   .........  .........
Mr. Kelly.....................        X   .........  .........  Mr. Larson......        X   .........  .........
Mr. Schweikert................        X   .........  .........  Mr. Davis.......        X   .........  .........
Mr. LaHood....................        X   .........  .........  Ms. Sanchez.....        X   .........  .........
Mr. Arrington.................        X   .........  .........  Ms. Sewell......        X   .........  .........
Mr. Estes.....................        X   .........  .........  Ms. DelBene.....        X   .........  .........
Mr. Smucker...................        X   .........  .........  Ms. Chu.........        X   .........  .........
Mr. Hern......................        X   .........  .........  Ms. Moore (WI)..        X   .........  .........
Mrs. Miller (WV)..............        X   .........  .........  Mr. Boyle.......        X   .........  .........
Dr. Murphy....................        X   .........  .........  Mr. Beyer.......        X   .........  .........
Mr. Kustoff...................        X   .........  .........  Mr. Evans.......        X   .........  .........
Mr. Fitzpatrick...............        X   .........  .........  Mr. Schneider...        X   .........  .........
Mr. Steube....................        X   .........  .........  Mr. Panetta.....        X   .........  .........
Ms. Tenney....................        X   .........  .........  Mr. Gomez.......        X   .........  .........
Mrs. Fischbach................        X   .........  .........  Mr. Horsford....  ........  .........  .........
Mr. Moore (UT)................        X   .........  .........  Ms. Plaskett....        X   .........  .........
Ms. Van Duyne.................        X   .........  .........  Mr. Suozzi......        X   .........  .........
Mr. Feenstra..................        X   .........  .........
Ms. Malliotakis...............        X   .........  .........
Mr. Carey.....................        X   .........  .........
Mr. Yakym.....................        X   .........  .........
Mr. Miller (OH)...............        X   .........  .........
Mr. Bean......................        X   .........  .........
Mr. Moran.....................        X   .........  .........
----------------------------------------------------------------------------------------------------------------

                     IV. BUDGET EFFECTS OF THE BILL


               A. Committee Estimate of Budgetary Effects

    In compliance with clause 3(d) of rule XIII of the Rules of 
the House of Representatives, the following statement is made 
concerning the effects on the budget of the bill, H.R. 1491 as 
reported. The estimate prepared by the Congressional Budget 
Office (CBO) is included below.
    The bill is estimated to have a negligible effect on 
Federal fiscal year budget receipts for the period 2025 through 
2034.

B. Statement Regarding New Budget Authority and Tax Expenditures Budget 
                               Authority

    In compliance with clause 3(c)(2) of rule XIII of the Rules 
of the House of Representatives, the Committee states that the 
bill involves no new or increased budget authority.

      C. Cost Estimate Prepared by the Congressional Budget Office

    In compliance with clause 3(c)(3) of rule XIII of the Rules 
of the House of Representatives, requiring a cost estimate 
prepared by the CBO, the following statement by CBO is 
provided.

    [GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT]


    H.R. 1491 would amend the Internal Revenue Code to modify 
the statute of limitations on filing for a tax credit or tax 
refund in the case of declared disasters. The bill would treat 
any filing extension granted in such cases as applicable to the 
allowable period for filing a return to receive a tax credit or 
tax refund. The bill would also apply the extension to the date 
used to determine when the Internal Revenue Service must mail a 
notice and demand for payment.
    The Congressional Budget Act of 1974, as amended, 
stipulates that revenue estimates provided by the staff of the 
Joint Committee on Taxation (JCT) are the official estimates 
for all tax legislation considered by the Congress. CBO 
therefore incorporates such estimates into its cost estimates 
of the effects of legislation. The revenue estimates for the 
bill were provided by JCT.\1\ JCT estimates that the bill would 
reduce federal revenues by an insignificant amount over the 
2025-2035 period.
---------------------------------------------------------------------------
    \1\See Joint Committee on Taxation Description of H.R. 1491, the 
``Disaster Related Extension of Deadlines Act,'' JCX-13-25 (February 
24, 2025), www.jct.gov/publications/2025/jcx-13-25, and Description of 
the Chairman's Amendment in the Nature of a Substitute to H.R. 1491, 
the ``Disaster Related Extension of Deadlines Act,'' JCX-15-25 
(February 25, 2025), www.jct.gov/publications/2025/jcx-15-25.
---------------------------------------------------------------------------
    CBO estimates that it would cost less than $500,000 over 
the 2025-2030 period to implement the bill. Any related 
spending would be subject to the availability of appropriated 
funds.
    The CBO staff contact for this estimate is Jennifer Shand. 
The estimate was reviewed by John McClelland, Director of Tax 
Analysis.
                                         Phillip L. Swagel,
                             Director, Congressional Budget Office.

     V. OTHER MATTERS TO BE DISCUSSED UNDER THE RULES OF THE HOUSE


          A. Committee Oversight Findings and Recommendations

    With respect to clause 3(c)(1) of rule XIII of the Rules of 
the House of Representatives, the Committee made findings and 
recommendations that are reflected in this report.

        B. Statement of General Performance Goals and Objectives

    With respect to clause 3(c)(4) of rule XIII of the Rules of 
the House of Representatives, the Committee advises that the 
bill does not authorize funding, so no statement of general 
performance goals and objectives is required.

            C. Applicability of House Rule XXI, Clause 5(b)

    Rule XXI 5(b) of the Rules of the House of Representatives 
provides, in part, that ``A bill or joint resolution, 
amendment, or conference report carrying a Federal income tax 
rate increase may not be considered as passed or agreed to 
unless so determined by a vote of not less than three-fifths of 
the Members voting, a quorum being present.'' The Committee has 
carefully reviewed the bill, and states that the bill does not 
provide such a Federal income tax rate increase.

              D. Information Relating to Unfunded Mandates

    This information is provided in accordance with section 423 
of the Unfunded Mandates Reform Act of 1995 (Pub. L. No. 104-
4).
    The Committee has determined that the bill does not contain 
Federal mandates on the private sector. The Committee has 
determined that the bill does not impose a Federal 
intergovernmental mandate on State, local, or tribal 
governments.

  E. Congressional Earmarks, Limited Tax Benefits, and Limited Tariff 
                                Benefits

    With respect to clause 9 of rule XXI of the Rules of the 
House of Representatives, the Committee has carefully reviewed 
the provisions of the bill, and states that the provisions of 
the bill do not contain any congressional earmarks, limited tax 
benefits, or limited tariff benefits within the meaning of the 
rule.

                   F. Duplication of Federal Programs

    In compliance with clause 3(c)(5) of rule XIII of the Rules 
of the House of Representatives, the Committee states that no 
provision of the bill establishes or reauthorizes: (1) a 
program of the Federal Government known to be duplicative of 
another Federal program; (2) a program included in any report 
from the Government Accountability Office to Congress pursuant 
to section 21 of Public Law 111-139; or (3) a program related 
to a program identified in the most recent Catalog of Federal 
Domestic Assistance, published pursuant to the Federal Program 
Information Act (Pub. L. No. 95-220, as amended by Pub. L. No. 
98-169).

                       G. Tax Complexity Analysis

    Section 4022(b) of the Internal Revenue Service Reform and 
Restructuring Act of 1998 (the ``IRS Reform Act'') requires the 
staff of the Joint Committee on Taxation (in consultation with 
the Internal Revenue Service and the Treasury Department) to 
provide a tax complexity analysis. The complexity analysis is 
required for all legislation reported by the Senate Committee 
on Finance, the House Committee on Ways and Means, or any 
committee of conference if the legislation includes a provision 
that directly or indirectly amends the Internal Revenue Code 
and has widespread applicability to individuals or small 
businesses.
    The staff of the Joint Committee on Taxation has determined 
that there are no provisions that are of widespread 
applicability to individuals or small businesses.

       VI. CHANGES IN EXISTING LAW MADE BY THE BILL, AS REPORTED


  A. Text of Existing Law Amended or Repealed by the Bill, as Reported

    Pursuant to clause 3(e) of rule XIII of the Rules of the 
House of Representatives, the text of each section proposed to 
be repealed by the bill is shown below:

         Changes in Existing Law Made by the Bill, as Reported

  In compliance with clause 3(e) of rule XIII of the Rules of 
the House of Representatives, changes in existing law made by 
the bill, as reported, are shown as follows (existing law 
proposed to be omitted is enclosed in black brackets, new 
matter is printed in italics, and existing law in which no 
change is proposed is shown in roman):

                     INTERNAL REVENUE CODE OF 1986



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Subtitle F--Procedure and Administration

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CHAPTER 64--COLLECTION

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Subchapter A--GENERAL PROVISIONS

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SEC. 6303. NOTICE AND DEMAND FOR TAX.

  (a) General rule.--Where it is not otherwise provided by this 
title, the Secretary shall, as soon as practicable, and within 
60 days, after the making of an assessment of a tax pursuant to 
section 6203, give notice to each person liable for the unpaid 
tax, stating the amount and demanding payment thereof. Such 
notice shall be left at the dwelling or usual place of business 
of such person, or shall be sent by mail to such person's last 
known address.
  (b) Assessment prior to last date for payment.--[Except]
          (1) In general._Except  where the Secretary believes 
        collection would be jeopardized by delay, if any tax is 
        assessed prior to the last date prescribed for payment 
        of such tax, payment of such tax shall not be demanded 
        under subsection (a) until after such date.
          (2) Postponement by reason of disaster, significant 
        fire, or terroristic or military actions.--For purposes 
        of paragraph (1), the last date prescribed for payment 
        of any tax shall be determined after taking into 
        account any period disregarded under section 7508A.

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CHAPTER 77--MISCELLANEOUS PROVISIONS

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SEC. 7508A. AUTHORITY TO POSTPONE CERTAIN DEADLINES BY REASON OF 
                    FEDERALLY DECLARED DISASTER, SIGNIFICANT FIRE, OR 
                    TERRORISTIC OR MILITARY ACTIONS.

  (a) In General.--In the case of a taxpayer determined by the 
Secretary to be affected by a federally declared disaster (as 
defined by section 165(i)(5)(A)), a significant fire, or a 
terroristic or military action (as defined in section 
692(c)(2)), the Secretary may specify a period of up to 1 year 
that may be disregarded in determining, under the internal 
revenue laws, in respect of any tax liability of such 
taxpayer--
          (1) whether any of the acts described in paragraph 
        (1) of section 7508(a) were performed within the time 
        prescribed therefor (determined without regard to 
        extension under any other provision of this subtitle 
        for periods after the date (determined by the 
        Secretary) of such disaster, fire, or action),
          (2) the amount of any interest, penalty, additional 
        amount, or addition to the tax for periods after such 
        date, and
          (3) the amount of any credit or refund.
  (b) Special Rules Regarding Pensions, etc..--In the case of a 
pension or other employee benefit plan, or any sponsor, 
administrator, participant, beneficiary, or other person with 
respect to such plan, affected by a disaster, fire, or action 
described in subsection (a), the Secretary may specify a period 
of up to 1 year which may be disregarded in determining the 
date by which any action is required or permitted to be 
completed under this title. No plan shall be treated as failing 
to be operated in accordance with the terms of the plan solely 
as the result of disregarding any period by reason of the 
preceding sentence.
  (c) Special Rules for Overpayments.--The rules of section 
7508(b) shall apply for purposes of this section.
  (d) Mandatory 60-day Extension.--
          (1) In general.--In the case of any qualified 
        taxpayer, the period--
                  (A) beginning on the earliest incident date 
                specified in the declaration to which the 
                disaster area referred to in paragraph (2) 
                relates, and
                  (B) ending on the date which is 60 days after 
                the later of such earliest incident date 
                described in subparagraph (A) or the date such 
                declaration was issued,
        shall be disregarded in determining, under the internal 
        revenue laws, in respect of any tax liability of such 
        qualified taxpayer, whether any of the acts described 
        in subparagraphs (A) through (F) of section 7508(a)(1) 
        were performed within the time prescribed therefor 
        (determined without regard to extension under any other 
        provision of this subtitle for periods after the date 
        determined under subparagraph (B)).
          (2) Qualified taxpayer.--For purposes of this 
        subsection, the term ``qualified taxpayer'' means--
                  (A) any individual whose principal residence 
                (for purposes of section 1033(h)(4)) is located 
                in a disaster area,
                  (B) any taxpayer if the taxpayer's principal 
                place of business (other than the business of 
                performing services as an employee) is located 
                in a disaster area,
                  (C) any individual who is a relief worker 
                affiliated with a recognized government or 
                philanthropic organization and who is assisting 
                in a disaster area,
                  (D) any taxpayer whose records necessary to 
                meet a deadline for an act described in section 
                7508(a)(1) are maintained in a disaster area,
                  (E) any individual visiting a disaster area 
                who was killed or injured as a result of the 
                disaster, and
                  (F) solely with respect to a joint return, 
                any spouse of an individual described in any 
                preceding subparagraph of this paragraph.
          (3) Disaster area.--For purposes of this subsection, 
        the term ``disaster area'' means an area in which a 
        major disaster for which the President provides 
        financial assistance under section 408 of the Robert T. 
        Stafford Disaster Relief and Emergency Assistance Act 
        (42 U.S.C. 5174) occurs.
          (4) Application to rules regarding pensions.--In the 
        case of any person described in subsection (b), a rule 
        similar to the rule of paragraph (1) shall apply for 
        purposes of subsection (b) with respect to--
                  (A) making contributions to a qualified 
                retirement plan (within the meaning of section 
                4974(c)) under section 219(f)(3), 404(a)(6), 
                404(h)(1)(B), or 404(m)(2),
                  (B) making distributions under section 
                408(d)(4),
                  (C) recharacterizing contributions under 
                section 408A(d)(6), and
                  (D) making a rollover under section 402(c), 
                403(a)(4), 403(b)(8), or 408(d)(3).
          (5) Coordination with periods specified by the 
        Secretary.--Any period described in paragraph (1) with 
        respect to any person (including by reason of the 
        application of paragraph (4)) shall be in addition to 
        (or concurrent with, as the case may be) any period 
        specified under subsection (a) or (b) with respect to 
        such person.
          (6) Multiple declarations.--For purposes of paragraph 
        (1), in the case of multiple declarations relating to a 
        disaster area which are issued within a 60-day period, 
        a separate period shall be determined under such 
        paragraph with respect to each such declaration.
  (e) Significant Fire.--For purposes of this section, the term 
``significant fire'' means any fire with respect to which 
assistance is provided under section 420 of the Robert T. 
Stafford Disaster Relief and Emergency Assistance Act.
  (f) Application to Limitation on Credit or Refund.--For 
purposes of section 6511(b)(2)(A), any period disregarded under 
this section with respect to the time prescribed for filing any 
return of tax shall be treated as an extension of time for 
filing such return.

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