26-U.S.C.-6657
§6657 – Bad Checks
Pathway
Title 26 > Subtitle F > Chapter 68 > Subchapter A > Part I > Section 6657
Details
- Reference: Section 6657
- Legend: §6657 – Bad Checks
- USCode Year: 2013
Provision Content
If any instrument in payment, by any commercially acceptable means, of any amount receivable under this title is not duly paid, in addition to any other penalties provided by law, there shall be paid as a penalty by the person who tendered such instrument, upon notice and demand by the Secretary, in the same manner as tax, an amount equal to 2 percent of the amount of such instrument, except that if the amount of such instrument is less than $1,250, the penalty under this section shall be $25 or the amount of such instrument, whichever is the lesser. This section shall not apply if the person tendered such instrument in good faith and with reasonable cause to believe that it would be duly paid.
(Aug. 16, 1954, ch. 736, 68A Stat. 826; Pub. L. 94–455, title XIX, §1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834; Pub. L. 100–647, title V, §5071(a), Nov. 10, 1988, 102 Stat. 3681; Pub. L. 110–28, title VIII, §8245(a), May 25, 2007, 121 Stat. 200; Pub. L. 111–198, §3(a), July 2, 2010, 124 Stat. 1356.)
Amendments
2010—Pub. L. 111–198, §3(a)(2), substituted such instrument for such check wherever appearing.
Pub. L. 111–198, §3(a)(1), substituted If any instrument in payment, by any commercially acceptable means, of any amount for If any check or money order in payment of any amount.
2007—Pub. L. 110–28 substituted $1,250 for $750 and $25 for $15.
1988—Pub. L. 100–647 substituted 2 for 1, $750 for $500, and $15 for $5.
1976—Pub. L. 94–455 struck out or his delegate after Secretary.
Effective Date of 2010 Amendment
Pub. L. 111–198, §3(b), July 2, 2010, 124 Stat. 1356, provided that: The amendments made by this section [amending this section] shall apply to instruments tendered after the date of the enactment of this Act [July 2, 2010].
Effective Date of 2007 Amendment
Pub. L. 110–28, title VIII, §8245(b), May 25, 2007, 121 Stat. 200, provided that: The amendments made by this section [amending this section] apply to checks or money orders received after the date of the enactment of this Act [May 25, 2007].
Effective Date of 1988 Amendment
Pub. L. 100–647, title V, §5071(b), Nov. 10, 1988, 102 Stat. 3681, provided that: The amendment made by subsection (a) [amending this section] shall apply to checks or money orders received after the date of the enactment of this Act [Nov. 10, 1988].
U.S. Encyclopedia of Law Coverage
26-U.S.C.-6631 in the Legal Encyclopedia: Tax Administration
In this entry about 26-U.S.C.-6631, find legal reference material, bibliographies and premiere content related to tax administration in the American Encyclopedia of Law, presenting a comprehensive view of the United States tax administration-specific issues, written by authorities in the field.
26-U.S.C.-6432 in the Legal Encyclopedia: Tax Procedure
In this entry about 26-U.S.C.-6432, find legal reference material, bibliographies and premiere content related to tax procedure in the American Encyclopedia of Law, presenting a comprehensive view of the United States tax procedure-specific issues, written by authorities in the field.
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