A bill to delay for 1 year the effective date of the provision of the Tax Reform Act of 1986 which increases from 80 to 90 percent the current year tax liability test for estimated tax payments by individuals.

Delays from December 31, 1986, until December 31, 1987, the effective date of provisions of the Tax Reform Act of 1986 which increase from 80 percent to 90 percent the current year tax liability test for estimated tax payments by individuals.