Senate Clears Rounds, Coons Stop Tax Penalties on American Hostages Act
May 03, 2024
May 03, 2024
WASHINGTON, May 3 -- Sen. Mike Rounds, R-South Dakota, issued the following news release on May 2, 2024:
On Tuesday, the Senate unanimously passed the Stop Tax Penalties on American Hostages Act led by U.S. Senators Mike Rounds (R-S.D.) and Chris Coons (D-Del.). The bipartisan bill would stop the IRS from imposing fines and penalties on American hostages and wrongful detainees for late tax payments while they are held abroad.
"Our bipartisan work over the last few . . .
On Tuesday, the Senate unanimously passed the Stop Tax Penalties on American Hostages Act led by U.S. Senators Mike Rounds (R-S.D.) and Chris Coons (D-Del.). The bipartisan bill would stop the IRS from imposing fines and penalties on American hostages and wrongful detainees for late tax payments while they are held abroad.
"Our bipartisan work over the last few . . .