I
112th CONGRESS
2d Session
H. R. 4365
IN THE HOUSE OF REPRESENTATIVES
AN ACT
To amend title 5, United States Code, to make clear that accounts in the Thrift Savings Fund are subject to certain Federal tax levies.
Amendments
Section 8437(e)(3) of title 5, United States Code, is amended in the first sentence—
by striking 659)
and inserting 659),
; and
by striking the period at the end and inserting the following: , and shall be subject to a Federal tax levy under section 6331 of the Internal Revenue Code of 1986.
.
Disposition of amounts
Any potential revenue gain attributable to the enactment of this Act, as determined by the Director of the Congressional Budget Office—
shall be deposited in the general fund of the Treasury of the United States; and
shall be used solely for purposes of deficit reduction.
Passed the House of Representatives August 1, 2012.
Karen L. Haas,
Clerk.