Page:United States Statutes at Large Volume 124.djvu/2524

 124 STAT. 2498 PUBLIC LAW 111–237—AUG. 16, 2010 authorized under this title (including in any suit or pro- ceeding in court permitted under section 7422).’’. (b) EXCEPTION FROM CERTAIN RESTRICTIONS ON ASSESSMENT AND COLLECTION.— (1) NO PETITION TO TAX COURT, NO RESTRICTION ON FURTHER DEFICIENCY LETTERS, ETC.—Subsection (b) of section 6213 of such Code is amended by adding at the end the following new paragraph: ‘‘(5) CERTAIN ORDERS OF CRIMINAL RESTITUTION.—If the taxpayer is notified that an assessment has been or will be made pursuant to section 6201(a)(4)— ‘‘(A) such notice shall not be considered as a notice of deficiency for the purposes of subsection (a) (prohibiting assessment and collection until notice of the deficiency has been mailed), section 6212(c)(1) (restricting further deficiency letters), or section 6512(a) (prohibiting credits or refunds after petition to the Tax Court), and ‘‘(B) subsection (a) shall not apply with respect to the amount of such assessment.’’. (2) TIME LIMITATIONS ON ASSESSMENT AND COLLECTION.— Subsection (c) of section 6501 of such Code is amended by adding at the end the following new paragraph: ‘‘(11) CERTAIN ORDERS OF CRIMINAL RESTITUTION.—In the case of any amount described in section 6201(a)(4), such amount may be assessed, or a proceeding in court for the collection of such amount may be begun without assessment, at any time.’’. (c) EFFECTIVE DATE.—The amendments made by this section shall apply to restitution ordered after the date of the enactment of this Act. SEC. 4. BUDGETARY PROVISIONS. (a) TIME FOR PAYMENT OF CORPORATE ESTIMATED TAXES.— The percentage under paragraph (2) of section 561 of the Hiring Incentives to Restore Employment Act in effect on the date of the enactment of this Act is increased by 0.25 percentage points. (b) PAYGO COMPLIANCE.—The budgetary effects of this Act, for the purpose of complying with the Statutory Pay-As-You-Go Act of 2010, shall be determined by reference to the latest statement titled ‘‘Budgetary Effects of PAYGO Legislation’’ for this Act, sub- mitted for printing in the Congressional Record by the Chairman 26 USC 6655 note. 26 USC 6201 note.