IRS Accountability and Taxpayer Protection Act

II 118TH CONGRESS 1ST SESSION S. 1249 To amend the Internal Revenue Code of 1986 to modify the procedural rules for penalties. IN THE SENATE OF THE UNITED STATES APRIL 20, 2023 Mr. SCOTT of South Carolina (for himself, Mr. BARRASSO, Mrs. BLACKBURN, Mr. BRAUN, Mr. COTTON, Mr. CRAPO, Ms. LUMMIS, and Mr. RISCH) in- troduced the following bill; which was read twice and referred to the Com- mittee on Finance A BILL To amend the Internal Revenue Code of 1986 to modify the procedural rules for penalties. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘IRS Accountability and 4 Taxpayer Protection Act’’. 5 VerDate Sep 11 2014 18:04 Apr 22, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S1249.IS S1249 pbinns on DSKJLVW7X2PROD with $$_JOB 2 •S 1249 IS SEC. 2. MODIFICATION OF PROCEDURAL REQUIREMENTS 1 FOR PENALTIES UNDER THE INTERNAL REV- 2 ENUE CODE OF 1986. 3 (a) IN GENERAL.—Section 6751(b)(1) of the Internal 4 Revenue Code of 1986 is amended— 5 (1) by striking ‘‘of such assessment’’ and in- 6 serting ‘‘with respect to the application of such pen- 7 alty’’, and 8 (2) by adding at the end the following new sen- 9 tence ‘‘The approval required under the preceding 10 sentence shall be given at a time in the pre-assess- 11 ment process when such supervisor or higher level 12 official has the discretion to give or withhold such 13 approval.’’. 14 (b) EFFECTIVE DATE.—The amendments made by 15 subsection (a) shall apply to notices issued, and offsets 16 or defenses asserted, after the date of the enactment of 17 this Act. 18 Æ VerDate Sep 11 2014 18:04 Apr 22, 2023 Jkt 039200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\S1249.IS S1249 pbinns on DSKJLVW7X2PROD with $$_JOB