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Code · U.S. Code · Title 26 - INTERNAL REVENUE CODE · CHAPTER 68— ADDITIONS TO THE TAX, ADDITIONAL AMOUNTS, AND ASSESSABLE PENALTIES · Subchapter B— Assessable Penalties · § 6720C

§ 6720C. Penalty for failure to notify health plan of cessation of eligibility for continuation coverage premium assistance

289 words·~1 min read·/usc/title-26/section-6720c

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(a)In general Except in the case of a failure described in subsection
(b)or (c), any person required to notify a group health plan under section 9501(a)(2)(B) of the American Rescue Plan Act of 2021 who fails to make such a notification at such time and in such manner as the Secretary of Labor may require shall pay a penalty of $250 for each such failure.
(b)Intentional failure In the case of any such failure that is fraudulent, such person shall pay a penalty equal to the greater of—
(1)$250, or
(2)110 percent of the premium assistance provided under section 9501(a)(1)(A) of the American Rescue Plan Act of 2021 after termination of eligibility under such section.
(c)Reasonable cause exception No penalty shall be imposed under this section with respect to any failure if it is shown that such failure is due to reasonable cause and not to willful neglect.
(Added Pub. L. 117–2, title IX, § 9501(b)(2)(A), Mar. 11, 2021, 135 Stat. 137.)
Connectionstraces to 3
7 references not yet in our index
  • 135 Stat. 137
  • 135 Stat. 127
  • Pub. L. 111–5, div. B, title III, § 3001(a)(13)(A)
  • 123 Stat. 464
  • Pub. L. 111–144, § 3(b)(5)(D)
  • 124 Stat. 45
  • 132 Stat. 1212
Citation graph
cites case law
§ 6720C
Penalty for failure to notify health plan of cessation of eligibility for continuation coverage premium assistance
Stat.135 Stat. 137
Stat.135 Stat. 127
Pub. L.Pub. L. 111–5, div. B, title III, § 3001(a)(13)(A)
Stat.123 Stat. 464
Pub. L.Pub. L. 111–144, § 3(b)(5)(D)
Cites 10 · showing 8Cited by 0 across 0 sources
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