A bill to amend the Internal Revenue Code of 1986 to modify the automatic extension of certain deadlines in the case of taxpayers affected by federally declared disasters, and for other purposes.

Bill: 116-s-5039
Sponsor: full_name: Sen. Portman, Rob [R-OH]
Introduced: 2020-12-16
Policy area: Taxation
Subjects: Administrative remedies

Disaster relief and insurance

Judicial review and appeals

Military operations and strategy

Military personnel and dependents

Tax administration and collection, taxpayers
Latest action: action_date: 2020-12-16
text: Read twice and referred to the Committee on Finance.

Summaries:
action_date: 2020-12-16
action_desc: Introduced in Senate
text: <p>This bill modifies the mandatory extension of certain tax filing and other tax-related deadlines for taxpayers affected by federally declared disasters and rules for postponing certain tax filing or payment requirements due to service in a combat zone or a contingency operation. It also tolls the deadline for filing a petition in the Tax Court if the location for filing the petition is inaccessible. </p>

tv_txt: II 116th CONGRESS 2d Session S. 5039 IN THE SENATE OF THE UNITED STATES December 16, 2020 Mr. Portman 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 modify the automatic extension of certain deadlines in the case of taxpayers affected by federally declared disasters, and for other purposes.

1. Modification of automatic extension of certain deadlines in the case of taxpayers affected by Federally declared disasters (a) In general Section 7508A(d)(1) of the Internal Revenue Code of 1986 is amended— (1) by striking the latest incident period so specified in subparagraph (B) and inserting the later of such earliest incident date described in subparagraph (A) or the date such declaration was issued , and (2) by striking in the same manner as a period specified under subsection (a) and inserting in determining, under the internal revenue laws, in respect of any tax liability of such qualified taxpayer, the acts and amounts described in subsection (a) . (b) Effective date The amendment made by this section shall apply to federally declared disasters declared after December 31, 2019. 2. Modifications of rules for postponing certain acts by reason of service in combat zone or contingency operation (a) In general Section 7508(a)(1) of the Internal Revenue Code of 1986 is amended— (1) by striking subparagraph (C) and inserting the following: (C) Filing a petition with the Tax Court, or filing a notice of appeal from a decision of the Tax Court; , and (2) by inserting or in respect of any erroneous refund after any tax in subparagraph (J). (b) Effective date The amendments made by this section shall apply to any period for performing an act which has not expired before the date of the enactment of this Act. 3. Tolling of time for filing a petition with the tax court (a) In general Section 7451 of the Internal Revenue Code of 1986 is amended— (1) by striking The Tax Court and inserting the following: (a) Fees The Tax Court , and (2) by adding at the end the following new subsection: (b) Tolling of time in certain cases Notwithstanding any other provision of this title, in any case in which the location for filing a petition or the office of the clerk of the Tax Court is inaccessible (including by reason of a lapse in appropriations), the relevant time period for filing such petition shall be tolled— (1) in any case in which the period of inaccessibility was not more than 5 days, for the number of days within such period, and (2) in any case in which the period of inaccessibility was 5 days or more, for the number of days within such period plus an additional 14 days. . (b) Conforming amendments (1) The heading for section 7451 of the Internal Revenue Code of 1986 is amended by striking Fee for filing petition and inserting Petitions . (2) The item in the table of contents for part II of subchapter C of chapter 76 of such Code is amended by striking Fee for filing petition and inserting Petitions . (c) Effective date The amendments made by this section shall apply to petitions required to be timely filed (determined without regard to the amendments made by this section) on or after February 1, 2020.