[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1294 Introduced in House (IH)]







106th CONGRESS
  1st Session
                                H. R. 1294

  To amend the Internal Revenue Code of 1986 to extend the period for 
 filing for a credit or refund of individual income taxes from 3 to 7 
                                 years.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 25, 1999

 Mr. Baker (for himself, Mr. McCrery, and Mr. Sessions) introduced the 
 following bill; which was referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
  To amend the Internal Revenue Code of 1986 to extend the period for 
 filing for a credit or refund of individual income taxes from 3 to 7 
                                 years.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. EXTENSION OF PERIOD FOR FILING FOR CREDIT OR REFUND OF 
              INDIVIDUAL INCOME TAX.

    (a) In General.--Subsection (a) of section 6511 of the Internal 
Revenue Code of 1986 (relating to limitations on credit or refund) is 
amended by adding at the end the following new sentence: ``For purposes 
of applying this section with respect to tax imposed by subtitle A on 
an individual, the reference to 3 years in the first sentence, each 
reference in this section to such 3 years, and each reference to 3 
years in subsection (b)(2) and in paragraphs (2) and (4) of subsection 
(d) shall be applied by treating such references as references to 7 
years.''
    (b) Effective Date.--The amendment made by subsection (a) shall 
apply to taxes paid for taxable years ending after the date of the 
enactment of this Act.
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