IRS Accountability and Taxpayer Protection Act

S. 1249 · 118th Congress · Apr 20, 2023 · Lineage

A BILL

To amend the Internal Revenue Code of 1986 to modify the procedural rules for penalties.

Section 1 Short title

This Act may be cited as the “IRS Accountability and Taxpayer Protection Act ”.

Sec. 2 Modification of procedural requirements for penalties under the Internal Revenue Code of 1986

(a)

In general— Section 6751(b)(1) of the Internal Revenue Code of 1986 is amended—

(1)

by striking “of such assessment” and inserting “with respect to the application of such penalty”, and

(2)

by adding at the end the following new sentence “The approval required under the preceding sentence shall be given at a time in the pre-assessment process when such supervisor or higher level official has the discretion to give or withhold such approval.”.

(b)

Effective date— The amendments made by subsection (a) shall apply to notices issued, and offsets or defenses asserted, after the date of the enactment of this Act.

Lineage

Apr 20, 2023viewing Introduced in Senate Mr. Scott of South Carolina (for himself, Mr. Barrasso, Mrs. Blackburn, Mr. Braun, Mr. Cotton, Mr. Crapo, Ms. Lummis, and Mr. Risch) introduced the following bill; which was read twice and referred to the Committee on Finance

IRS Accountability and Taxpayer Protection Act

Section 1 Short title

Sec. 2 Modification of procedural requirements for penalties under the Internal Revenue Code of 1986

Cite this provision

Incoming references