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Protecting Innocent Taxpayers from Endless Assessments Act
To amend the Internal Revenue Code of 1986 to clarify that the exception to the general statute of limitations for fraudulent returns applies only when a taxpayer seeks to evade their tax obligations.
Summary
- Amends the Internal Revenue Code to clarify that the exception to the statute of limitations for fraudulent tax returns applies only when a taxpayer intentionally seeks to evade their tax obligations.
- Limits the extended assessment period exception so that taxpayers who are victims of tax preparer fraud are subject to the normal statute of limitations.
- Applies to tax assessments made or proceedings begun after the date of enactment.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Sen. Marshall, Roger [R-KS] (R-KS)
1 cosponsor
- Sen. Welch, Peter [D-VT] (D-VT)
Money behind the sponsor
Top reported contributors to Roger Marshall’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $46,314
- PYRAMID SOUND $19,800
- GROWITZ EQUITY $13,200
- SPECCHEM $13,200
- ONYX EQUITY PARTNERS $13,200
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Roger Marshall → · Outside spending →
Actions (2)
- Jul 14, 2026 Read twice and referred to the Committee on Finance. · senate
- Jul 14, 2026 Introduced in Senate
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE SENATE OF THE UNITED STATES
July 14, 2026
Mr. Marshall (for himself and Mr. Welch) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to clarify that the exception to the general statute of limitations for fraudulent returns applies only when a taxpayer seeks to evade their tax obligations.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Protecting Innocent Taxpayers from Endless Assessments Act”.
SEC. 2. LIMITATION PERIOD NOT EXTENDED FOR VICTIMS OF PREPARER FRAUD.
(a) In General.—Section 6501(c)(1) of the Internal Revenue Code of 1986 is amended by inserting “by the taxpayer” after “intent”.
(b) Effective Date.—The amendment made by this section shall apply to assessments made or proceedings begun after the date of enactment of this Act. <all>
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