115th CONGRESS 2d Session |
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.
April 10, 2018
Mr. Ferguson (for himself and Mr. Crowley) introduced the following bill; which was referred to the Committee on Ways and Means
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.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Rules for seizure and sale of perishable goods restricted to only perishable goods.
(a) In general.—Section 6336 of the Internal Revenue Code of 1986 is amended by striking “or become greatly reduced in price or value by keeping, or that such property cannot be kept without great expense”.
(b) Effective date.—The amendment made by this subsection shall apply to property seized after the date of the enactment of this Act.