H.R. 5446 · 115th Congress
To amend the Internal Revenue Code of 1986 to restrict the immediate sale of seized property by the Secretary…
Full title
To amend the Internal Revenue Code of 1986 to restrict the immediate sale of seized property by the Secretary of the Treasury to perishable goods.
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Passed the House without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 115th Congress ended.
1 cosponsor · 1 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Apr 10, 2018
- House Passed Apr 17, 2018
What it does: CRS summary · Passed House amended · Apr 17, 2018
(Sec. 1) This bill amends the Internal Revenue Code to limit the authority of the Internal Revenue Service (IRS) to immediately sell certain seized property. The IRS may continue to immediately sell seized property that is liable to perish (e.g., food, but not clothing or equipment) after the owner is given an opportunity to pay the appraised value of the property or post a bond to ensure payment. The IRS may no longer immediately sell seized property merely if it is liable to become greatly reduced in price or value or cannot be kept without great expense.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To amend the Internal Revenue Code of 1986 to restrict the immediate sale of seized property by the Secretary of the Treasury to perishable goods.
Latest action (Apr 18, 2018): Pursuant to the provisions of H. Res. 831, H.R. 5446 is laid on the table.
Policy area: Taxation · Origin: House · Introduced: Apr 10, 2018
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- House Introduced Apr 10, 2018
- House Passed Apr 17, 2018
No recorded floor vote found.