,,ii  #aad? ,,congress  #b;d ,session   
,s4 #cbfh  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #ad1 #bjaf,mr4   
,c>p] 7= himself1 ,mr4 ,coons1 & ,mr4   
,hell]7 introduc$ ! foll[+ bill2 :i* 0  
read twice & ref]r$ to ! ,committee on  
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to require all    
,unit$ ,/ates entities to h an employ]  
id5tification numb] issu$ by ! ,secret>y
 ( ! ,treasury1 & = o!r purposes4  #a4  
,%ort title ,?is ,act may be cit$ z !   
,clos+ ,loopholes ,aga9/ ,money-,laund]+
 ,practices ,act or ! ,,clamp ,act4  #b4
 ,requirem5t ( ,,e9 = ,unit$ ,/ates     
entities  7a7 ,9 g5]al ,section #faji ( 
! ,int]nal ,rev5ue ,code ( #aihf is     
am5d$ by ins]t+ aft] subsection 7d7 !   
foll[+ new subsection3  7e7 ,requirem5t 
( ,,e9 = ,unit$ ,/ates entities  7#a7 ,9
 g5]al ,except z o!rwise det]m9$ by !   
,secret>y1 e ,unit$ ,/ates entity %all  
obta9 & h an employ] id5tification numb]
 assign$ by ! ,secret>y4  7#b7          
,def9itions ,= purposes ( ?is           

subsection-- 7,a7 ,unit$ ,/ates entity  
,except z may be provid$ by regulations1
 ! t]m ,unit$ ,/ates entity means any   
bus9ess entity creat$ or organiz$ 9 !   
,unit$ ,/ates or "u ! law ( ! ,unit$    
,/ates or ( a ,/ate1 possession1 or     
t]ritory ( ! ,unit$ ,/ates4  7,b7       
,exception ,! t]m ,unit$ ,/ates entity  
does n include any organization :i* is  
exempt f taxation "u section #eja7;a74  
7,c7 ,unit$ ,/ates ,! t]m ,unit$ ,/ates 
includes ! ,/ates1 ! ,di/rict (         
,columbia1 & ! possessions & t]ritories 
( ! ,unit$ ,/ates4  7#c7 ,"t & mann] (  
application ,! ,secret>y %all set =? !  
"t & mann] = a ,unit$ ,/ates entity t   
does n h an employ] id5tification numb] 
to obta9 su* a numb]4  4  7b7 ,civil    
p5alty  7#a7 ,9 g5]al ,"p ,i ( sub*apt] 
,b ( *apt] #fh ( ! ,int]nal ,rev5ue     
,code ( #aihf is am5d$ by add+ at ! end 
! foll[+ new section3  #fgbj;,d4 ,p5alty
 = failures relat+ to employ]           
id5tification numb]s  7a7 ,failure ,to h
 an id5tify+ numb]  7#a7 ,9 g5]al ,any  

,unit$ ,/ates entity 7z def9$ 9 section 
#faji7;e77#b77;,a77 t fails to obta9 an 
employ] id5tification numb] 9 accordance
 ) section #faji7;e77#a7 %all pay a     
p5alty ( #aj1jjj4  7#b7 ,jo9t & sev]al  
liability ,not)/&+ section #ffga7;a71 if
 a ,unit$ ,/ates entity does n pay a    
p5alty assess$ "u p>agraph 7#a7 )9 #fj  
days aft] ! date ( ! notice & dem& =    
paym5t1 any p]son :o is treat$ z a      
responsible p>ty ) respect to su* entity
 at any "t dur+ ! p]iod beg9n+ on ! date
 ! entity 0 requir$ to obta9 su* numb] &
 end+ on ! date t is #fj days aft] !    
date ( ! notice & dem& = paym5t %all be 
jo9tly & sev]ally liable ) ! entity =   
su* p5alty4  7b7 ,failure ,to provide   
requir$ in=mation  7#a7 ,9 g5]al ,any   
p]son :o fails to provide in=mation     
requir$ by ! ,secret>y "u section       
#faji7;c7 7includ+ updat+ previ\sly     
submitt$ in=mation z ! ,secret>y may    
require by regulations7 %all pay a      
p5alty ( #ajj = ea* su* failure4  7#b7  
,int5tional failures ,9 ! case ( a      

failure t ! ,secret>y det]m9es to be    
int5tional1 p>agraph 7#a7 %all be appli$
 by sub/itut+ #a1jjj = #ajj4 ,= purposes
 ( ! prec$+ s5t5ce1 a patt]n ( fail+ to 
provide or update in=mation %all be     
treat$ z int5tional failure4  7#c7 ,jo9t
 & sev]al liability ,not)/&+ section    
#ffga7;a71 if any ,unit$ ,/ates entity  
7z def9$ 9 section #faji7;e77#b77;,a77  
does n pay a p5alty assess$ "u p>agraph 
7#a7 )9 #fj days aft] ! date ( ! notice 
& dem& = paym5t1 any p]son :o at any "t 
dur+ ! p]iod beg9n+ on ! date ! entity 0
 requir$ to provide ! in=mation "u      
p>agraph 7#a7 & end+ on ! date t is #fj 
days aft] ! date ( ! notice & dem& =    
paym5t is treat$ z a responsible p>ty ) 
respect to su* entity %all be jo9tly &  
sev]ally liable ) su* entity = su*      
p5alty4  7#d7 ,coord9ation ) subsection 
7a7 ,no p5alty %all be impos$ "u ?is    
subsection = any taxable ye> ) respect  
to :i* a p5alty is impos$ "u subsection 
7a7 on ! same entity4  7c7 ,reasonable  
cause ,no p5alty %all apply "u          

subsection 7a7 or 7b7 if x is %[n t !   
failure to satisfy ! requirem5ts (      
section #faji7;e7 or #faji7;c71 z ! case
 may be1 is due to reasonable cause & n 
due to willful neglect4  4  7#b7        
,cl]ical am5dm5t ,! table ( sections =  
"p ,i ( sub*apt] ,b ( *apt] #fh ( !     
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by add+ at ! end ! foll[+ new item3     
,sec4 #fgbj;,d4 ,p5alty = failures      
relat+ to employ] id5tification numb]s4 
4  7c7 ,crim9al p5alty  7#a7 ,9 g5]al   
,"p ,i ( sub*apt] ,a ( *apt] #ge ( !    
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by add+ at ! end ! foll[+ new section3  
#gbah4 ,willful failure to obta9 an     
employ] id5tification numb] ,any p]son  
:o willfully attempts 9 any mann] to    
evade or defeat ! employ] id5tification 
numb] requirem5t ( section #faji7;e7 or 
any regulations !reund] = ! purpose (   
hid+ ! exi/5ce ( an entity or ! id5tity 
( its responsible p>ty %all1 9 addition 
to any o!r p5alties provid$ by law1 be  
guilty ( a felony &1 ^u conviction !re(1

 %all be f9$ n m ?an #ajj1jjj 7#ejj1jjj 
9 ! case ( a corporation71 or imprison$ 
n m ?an #e ye>s1 or bo?1 toge!r ) ! co/s
 ( prosecution4  4  7#b7 ,cl]ical       
am5dm5t ,! table ( sections = "p ,i (   
sub*apt] ,a ( *apt] #ge ( ! ,int]nal    
,rev5ue ,code ( #aihf is am5d$ by add+  
at ! end ! foll[+ new item3  ,sec4      
#gbah4 ,willful failure to obta9 an     
employ] id5tification numb]4  4  7d7    
,effective date  7#a7 ,9 g5]al ,except z
 provid$ 9 p>agraph 7#b71 ! am5dm5t made
 by subsection 7a7 %all apply to ,unit$ 
,/ates entities 7z def9$ 9 section      
#faji7;e77#b77;,a7 ( ! ,int]nal ,rev5ue 
,code ( #aihf7 =m$ on or aft] ! date t  
is #ahj days aft] ! date ( ! enactm5t ( 
?is ,act4  7#b7 ,application to exi/+   
,unit$ ,/ates entities ,) respect to    
,unit$ ,/ates entities 7z s def9$7 9    
exi/5ce on ! day be=e ! date specifi$ 9 
p>agraph 7#a71 ! am5dm5t made by        
subsection 7a7 %all take effect on !    
date t is #c ye>s aft] ! date ( !       
enactm5t ( ?is ,act4  7#c7 ,issuance (  

id5tify+ numb]s ) respect to exi/+      
entities ,n lat] ?an ! date t is #c ye>s
 aft] ! date ( ! enactm5t ( ?is ,act1 ! 
,secret>y ( ! ,treasury %all provide a  
me?od = all ,unit$ ,/ates entities 7z s 
def9$7 to :om p>agraph 7#a7 does n apply
 to obta9 an id5tify+ numb] "u section  
#faji7;e7 ( su* ,code1 & %all assign su*
 an id5tify+ numb] to ea* su* entity4   
7#d7 ,p5alties ,) respect to a ,unit$   
,/ates entity 7z s def9$71 ! am5dm5ts   
made by subsections 7b7 & 7c7 %all apply
 to failures aft] ! date describ$ 9     
p>agraph 7#a7 or 7#b71 :i*ev] is        
applicable4  #c4 ,disclosure (          
responsible p>ty id5tity = use 9        
anti-money laund]+ & c\nt]t]rorism      
inve/igations & prosecutions  7a7 ,9    
g5]al ,subsection 7i7 ( section #fajc ( 
! ,int]nal ,rev5ue ,code ( #aihf is     
am5d$ by add+ at ! end ! foll[+ new     
p>agraph3  7#i7 ,disclosure ^u reque/ ( 
responsible p>ty id5tity = use 9        
anti-money laund]+ & c\nt]t]rorism      
inve/igations & prosecutions  7,a7 ,9   

g5]al ,except z provid$ 9 p>agraph 7#f71
 aft] tak+ into consid]ation ! factors  
describ$ 9 subp>agraph 7,b71 ! ,secret>y
 may disclose1 ^u writt5 reque/1 to !   
individuals describ$ 9 subp>agraph 7,c7 
taxpay] id5tity in=mation consi/+ (--   
7i7 ! "n & employ] id5tification numb] (
 ! specific entity to :om ! reque/      
relates1  7ii7 ! "n & id5tify+ numb]1 & 
any available contact in=mation1 ( !    
responsible p>ty & any ?ird-p>ty        
designee reflect$ on ! entity's         
application = an employ] id5tification  
numb]1 &  7iii7 any trade "n1 o!r       
addresses1 entity type1 or pr9cipal     
activity ( ! bus9ess reflect$ on su*    
application1  b only to ! ext5t su*     
in=mation 0 includ$ on ! entity's       
application = an employ] id5tification  
numb] pursuant to ! requirem5ts (       
section #faji7;e7 or any pr$ecessor     
provision or program1 & to ! ext5t !    
,secret>y det]m9es su* disclosure w\ld n
 s]i\sly impair ,f$]al tax adm9i/ration4
  7,b7 ,factors = consid]ation ,!       

factors describ$ 9 ?is subp>agraph are  
:e!r ! in=mation reque/$ 9 su* writt5   
reque/--  7i7 is be+ s\ght exclusively =
 use 9 a ,f$]al crim9al inve/igation or 
proce$+ p]ta9+ to (f5ses describ$ 9     
clause 7i7 or 7ii7 ( subp>agraph 7,c71  
7ii7 is or may be relevant to a matt]   
relat+ to su* an (f5se1 &  7iii7 _c be  
reasonably obta9$1 tak+ into acc\nt all 
relevant circum/ances1 f any o!r s\rce4 
7,c7 ,individuals describ$ ,= purposes (
 subp>agraph 7,a71 ! individuals        
describ$ 9 ?is p>agraph are (fic]s &    
employees ( any ,f$]al law en=cem5t     
ag5cy :o are p]sonally & directly engag$
 9 ! inve/igation1 response1 or         
analysis1 or 9 any judicial1            
adm9i/rative1 or gr& jury proce$+s1     
p]ta9+ to (f5ses "u--  7i7 section      
#aief1 #aieg1 #aifj1 #bcci;,a1 #bcci;,b1
 or #bcci;,c ( title #ah1 ,unit$ ,/ates 
,code1 or  7ii7 sub*apt] ,,ii ( *apt]   
#ec ( title #ca1 ,unit$ ,/ates ,code4  4
  7b7 ,con=m+ am5dm5ts  7#a7 ,p>agraph  
7#f7 ( section #fajc 7i7 ( ! ,int]nal   

,rev5ue ,code ( #aihf is am5d$ by /rik+ 
or 7#h7 & ins]t+ 7#h71 or 7#i74  7#b7   
,p>agraph 7#d7 ( section #fajc7p7 ( su* 
,code is am5d$--  7,a7 by /rik+ 7#e71 or
 7#g7 & ins]t+ 7#e71 7#g71 or 7#i71 &   
7,b7 by /rik+ 7#e7 or 7#g7 & ins]t+     
7#e71 7#g71 or 7#i74  7c7 ,effective    
date ,! am5dm5ts made by ?is section    
%all apply to disclosures made aft] !   
date ( ! enactm5t ( ?is ,act4