A bill to provide for the reimbursement to taxpayers of all expenses, including court costs and legal and accounting fees, incurred by them in contesting unwarranted second audits of their income tax liability.

Provides for the reimbursement to taxpayers of all expenses, including court costs and legal and accounting fees, incurred by them in contesting second audits of their income tax liability in the case where such second audit reveals no deficiency other than any deficiency assessed against and accepted by the taxpayer after the first audit.