Section 1. Short title
This Act may be cited as the Protecting Innocent Taxpayers from Endless Assessments Act.
(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.