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Protecting Innocent Taxpayers from Endless Assessments Act

7/18/2026, 10:06 PM

Summary of Bill S 4964

This bill, titled "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," was introduced in the 119th Congress on July 14, 2026.

Current Status of Bill S 4964

Bill S 4964 is currently in the status of Bill Introduced since July 14, 2026. Bill S 4964 was introduced during Congress 119 and was introduced to the Senate on July 14, 2026.  Bill S 4964's most recent activity was Read twice and referred to the Committee on Finance. as of July 14, 2026

Bipartisan Support of Bill S 4964

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4964

Primary Policy Focus

Alternate Title(s) of Bill S 4964

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.
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.

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