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H.R. 5446

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.

(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.

Pursuant to the provisions of H. Res. 831, H.R. 5446 is laid on the table.

Rep. Ferguson, A. Drew, IV [R-GA-3](R-GA)Sponsor
1 cosponsor1 D
1cosponsors1committees12actions1related bills2subjects
  1. FloorH1B000

    Pursuant to the provisions of H. Res. 831, H.R. 5446 is laid on the table.

  2. FloorH38310

    Motion to reconsider laid on the table Agreed to without objection.

  3. FloorH37300

    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3366)

  4. Floor8000

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H3366)

  5. FloorH8D000

    DEBATE - The House proceeded with forty minutes of debate on H.R. 5446.

  6. FloorH30000

    Considered under suspension of the rules. (consideration: CR H3366-3367)

  7. FloorH30300

    Ms. Jenkins (KS) moved to suspend the rules and pass the bill, as amended.

  8. Committee

    Ordered to be Reported (Amended) by Voice Vote.

    Ways and Means Committee
  9. Committee

    Committee Consideration and Mark-up Session Held.

    Ways and Means Committee
  10. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  11. IntroReferralIntro-H

    Introduced in House

  12. IntroReferral1000

    Introduced in House

Apr 17, 201836

(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.

Apr 10, 2018

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 cannot be kept without great expense.

To amend the Internal Revenue Code of 1986 to restrict the immediate sale of seized proper… — Informed