WASHINGTON, May 15 -- Sen. Christopher Coons, D-Del., introduced the "Stop Tax Penalties on American Hostages Act" on March 22, 2024. The text of the bill was released on May 13. S. 4057. A bill to amend the Internal Revenue Code of 1986 to postpone tax deadlines and reimburse paid late fees for United States nationals who are unlawfully or wrongfully detained or held hostage abroad, and for other purposes; to the Committee on Finance. The bill is cosponsored by Sens. Mike Rounds, R-S.D., Ron   more