A bill to amend the Internal Revenue Code of 1954 to require judicial confirmation of the need for a jeopardy assessment.

Requires judicial confirmation of the need for a jeopardy assessment (an immediate assessment made by the Secretary of the Treasury on the belief that the assessment or collection of a deficiency will be jeopardized by delay) by requiring the Secretary to file a petition for approval of such jeopardy assessment within 5 days after it is made.