Imposition of penalty
If an organization fails to meet the disclosure requirement of section 6115 with respect to a quid pro quo contribution, such organization shall pay a penalty of $10 for each contribution in respect of which the organization fails to make the required disclosure, except that the total penalty imposed by this subsection with respect to a particular fundraising event or mailing shall not exceed $5,000.
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.
Pub. L. 103–66, title XIII, § 13173(b)107 Stat. 456(Added , , .)
Editorial Notes
Codification
section 6715 of this titleAnother section 6714 was renumbered .
Statutory Notes and Related Subsidiaries
Effective Date
section 13173(d) of Pub. L. 103–66section 6115 of this titleSection applicable to quid pro quo contributions made on or after , see , set out as a note under .