# 119-s-4761: Tax Court Parity Act

119-s-4761, Tax Court Parity Act, is a 119th Congress bill sponsored by Sen. Scott, Tim [R-SC] (R-SC); status introduced (as of 2026-09-30).

- Canonical: https://policyrisk.com/legislation/119-s-4761
- As of: 2026-09-30
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-4761
- Congress: 119
- Title: Tax Court Parity Act
- Status: introduced
- Introduced: 2026-06-11
- Sponsor: Sen. Scott, Tim [R-SC] (R-SC)
- Cosponsors: 1
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2026-09-30

## Summary

**Expanded relief from Tax Court judgments.** This bill would let parties ask the Tax Court to correct clerical errors and to get relief from final judgments on several specific grounds, with set timing rules. - Taxpayers: Would be able to seek relief from a final Tax Court judgment for mistake, inadvertence, surprise, excusable neglect, newly discovered evidence, fraud or misconduct, a void judgment, or other circumstances where justice requires. Motions based on mistake, new evidence, or fraud must be filed within one year, while other grounds must be raised within a reasonable time. - Tax Court: Would be allowed to correct clerical mistakes, oversights, and omissions on motion or on the Court's own initiative. The bill also preserves the Court's power to set aside a judgment for fraud on the Tax Court. - Appeals and timing: Corrections while an appeal is pending would require the appellate court's leave. If relief is granted after a judgment is otherwise final, either party may seek review by filing a notice of appeal within 90 days of the Tax Court's order directing relief. Pending motions under this rule do not suspend the judgment's operation.

## Cosponsors (1)

- Sen. Hassan, Margaret Wood [D-NH] (D-NH), 2026-06-11T00:00:00.000Z

## Provisions PRIA read

- More ways to reopen Tax Court cases: benefit, low. If enacted, the Tax Court would be able to correct clerical mistakes in judgments on its own or after a party files a motion. If an appeal is pending, the Tax Court would need the appeals court's permission to correct mistakes. The bill would let the Tax Court relieve a party from a final judgment…

## Related bills

- 119-s-1541: SHIPS for America Act of 2025
- 119-s-2651: ROAD to Housing Act of 2025
- 119-s-199: A bill to amend the Internal Revenue Code of 1986 to provide special rules for the taxation of certain residents of Taiwan with income from sources within the…
- 119-s-2142: GOLDEN DOME Act of 2025
- 119-s-4689: READ Act
- 119-s-2511: College Transparency Act

## Sources
- [119-s-4761 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4761)

## Related
- [119-s-1541: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-s-1541)
- [119-s-2651: ROAD to Housing Act of 2025](https://policyrisk.com/legislation/119-s-2651)
- [119-s-199: A bill to amend the Internal Revenue Code of 1986 to provide special rules for…](https://policyrisk.com/legislation/119-s-199)
- [119-s-2142: GOLDEN DOME Act of 2025](https://policyrisk.com/legislation/119-s-2142)
- [119-s-4689: READ Act](https://policyrisk.com/legislation/119-s-4689)
- [119-s-2511: College Transparency Act](https://policyrisk.com/legislation/119-s-2511)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-4761 (as of 2026-09-30).