Source: http://taxtv.com/code/01666-USCODE-2011-title26-subtitleF-chap64-subchapD-partII-sec6332/
Timestamp: 2017-06-29 15:53:36
Document Index: 509119586

Matched Legal Cases: ['§6332', '§6332', '§6332', '§104', '§7', '§1209', '§1906', '§1', '§1015', '§6236', '§11704', '§6236', '§6236', '§6236', '§1015', '§6236', '§6236', '§1906', '§1209', '§104', '§104', '§104', '§104', '§104', '§6332']

IRC §6332. Surrender of property subject to levy - TaxTV.com
IRC §6332. Surrender of property subject to levy
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(c) Special rule for banks
(d) Enforcement of levy
(1) Extent of personal liability
(2) Penalty for violation
(e) Effect of honoring levy
(f) Person defined
The term “person,” as used in subsection (a), includes an officer or employee of a corporation or a member or employee of a partnership, who as such officer, employee, or member is under a duty to surrender the property or rights to property, or to discharge the obligation.
(Aug. 16, 1954, ch. 736, 68A Stat. 784; Pub. L. 89–719, title I, §104(b), Nov. 2, 1966, 80 Stat. 1135; Pub. L. 93–625, §7(a)(2)(D), Jan. 3, 1975, 88 Stat. 2115; Pub. L. 94–455, title XII, §1209(d)(3), title XIX, §1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1710, 1834; Pub. L. 99– 4, title XV, §1 1(c)(9), Oct. 22, 1986, 100 Stat. 2745; Pub. L. 100–647, title I, §1015(t)(1), title VI, §6236(e), Nov. 10, 1988, 102 Stat. 3573, 3739; Pub. L. 101–508, title XI, §11704(a)(27), Nov. 5, 1990, 104 Stat. 1388– 9.)
1990—Subsec. (a). Pub. L. 101–508 substituted “this section” for “subsections (b) and (c)”.
1988—Subsec. (a). Pub. L. 100–647, §6236(e)(2)(A), substituted “subsections (b) and (c)” for “subsection (b)”.
Subsec. (c). Pub. L. 100–647, §6236(e)(1), added subsec. (c). Former subsec. (c) redesignated (d).
Subsec. (d). Pub. L. 100–647, §6236(e)(1), redesignated subsec. (c) as (d). Former subsec. (d) redesignated (e).
Pub. L. 100–647, §1015(t)(1), inserted “and any other person” after “delinquent taxpayer” and struck out sentence at end providing that in the case of a levy which is satisfied pursuant to subsection (b), such organization shall also be discharged from any obligation or liability to any beneficiary arising from such surrender or payment.
Subsec. (e). Pub. L. 100–647, §6236(e)(1), (2)(B), redesignated subsec. (d) as (e) and substituted “subsection (d)(1)” for “subsection (c)(1)”. Former subsec. (e) redesignated (f).
Subsec. (f). Pub. L. 100–647, §6236(e)(1), redesignated subsec. (e) as (f).
1986—Subsec. (c)(1). Pub. L. 99– 4 substituted “the underpayment rate established under section 6621” for “an annual rate established under section 6621”.
1976—Subsecs. (a), (b). Pub. L. 94–455, §1906(b)(13)(A), struck out “or his delegate” after “Secretary” wherever appearing.
Subsec. (c)(1). Pub. L. 94–455, §§1209(d)(3), 1906(b)(13)(A), inserted “(or, in the case of a levy described in section 6331(d)(3), from the date such person would otherwise have been obligated to pay over such amounts to the taxpayer)” after “date of such levy”, and struck out “or his delegate” after “Secretary”.
1975—Subsec. (c)(1). Pub. L. 93–625 substituted “an annual rate established under section 6621” for “the rate of 6 percent per annum”.
1966—Subsec. (a). Pub. L. 89–719, §104(b)(1), substituted “Except as otherwise provided in subsection (b), any person” for “Any person”.
Subsec. (b). Pub. L. 89–719, §104(b)(2), added subsec. (b). Former subsec. (b) redesignated, with amendments, as subsec. (c)(1).
Subsec. (c). Pub. L. 89–719, §104(b)(2)–(4), redesignated as par. (1) provisions formerly set out as subsec. (b), inserted provisions that any amount other than costs recovered under par. (1) shall be credited against the tax liability for the collection of which the levy was made, and added par. (2). Former subsec. (c) redesignated (e).
Subsec. (d). Pub. L. 89–719, §104(b)(4), added subsec. (d).
Subsec. (e). Pub. L. 89–719, §104(b)(3), redesignated former subsec. (c) as (e).
Section 1015(t)(2) of Pub. L. 100–647 provided that: “The amendment made by this subsection [amending this section] shall apply to levies issued after the date of the enactment of this Act [Nov. 10, 1988].”
Amendment by section 6236(e) of Pub. L. 100–647 applicable to levies issued on or after July 1, 1989, see section 6236(h)(1) of Pub. L. 100–647, set out as a note under section 6331 of this title.
Amendment by section 1209(d)(3) of Pub. L. 94–455 effective only with respect to levies made after Feb. 28, 1977, see section 1209(e) of Pub. L. 94–455, as amended by section 2(c) of Pub. L. 94–528, Oct. 17, 1976, 90 Stat. 2483, set out as a note under section 6334 of this title.
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