Page:United States Statutes at Large Volume 80 Part 1.djvu/1176

 1140

26 USC r6502^'

PUBLIC LAW 89-719-NOV. 2, 1966

removal of property from the United States) is amended to read as follows: "(c) TAXPAYER OUTSIDE UNITED STATES.—The running of the period of limitations on collection after assessment prescribed in section 6502 shall be suspended for the period during which the taxpayer is outside the United States if such period of absence is for a continuous period of at least 6 months. If the preceding sentence applies and at the time of the taxpayer's return to the United States the period of limitations on collection after assessment prescribed in section C502 would expire before the expiration of 6 months from the date of his return, such period shall not expire before the expiration of such 6 months." (c)

70 Stat. 1075; ^' ^' •

[80 STAT.

WRONGFUL SEIZURE OF PROPERTY OF THIRD PARTIES.—Section

6503 (relating to suspension of running of period of limitation) is amended by redesignating subsection (g) as subsection (h) and by inserting after subsection (f) the following new subsection: " (g) WRONGFUL SEIZURE OF PROPERTY OF THIRD PARTY.—The running of the period of limitations on collection after assessment prescribed in section 6502 shall be suspended for a period equal to the period from the date property (including money) of a third party is wrongfully seized or received by the Secretary or his delegate to the date the Secretary or his delegate returns property pursuant to section Ante, p. 1138. 6343(b) Or the date on which a judgment secured pursuant to section Post, p. 1143. 7426 with respect to such property becomes final, and for 30 days thereafter. The running of the period of limitations on collection after assessment shall be suspended under this subsection only with respect to the amount of such assessment equal to the amount of money or the value of specific property returned." SEC. 107. PROCEEDINGS WHERE UNITED STATES HAS TITLE TO PROPERTY. (a) ACTION To QUIET TITLE.—Section 7402 (relating to jurisdiction of district courts) is amended by redesignating subsection (e) as subsection (f) and by inserting after subsection (d) the following new subsection: "(e) To QUIET TITLE.—The United States district courts shall have jurisdiction of any action brought by the United States to quiet title to property if the title claimed by the United States to such property was derived from enforcement of a lien under this title." (b) SALE BIDS.—Section 7403(c) (relating to adjudication and decree) is amended by adding at the end thereof the following new sentence: "If the property is sold to satisfy a first lien held by the United States, the United States may bid at the sale such sum, not exceeding the amount of such lien with expenses of sale, as the Secretary or his delegate directs." SEC. 108. INTERVENTION BY UNITED STATES. 26 USC 7424. Section 724 (relating to civil action to clear title to property) is amended to read as follows: "SEC. 7424. INTERVENTION. "If the United States is not a party to a civil action or suit, the United States may intervene in such action or suit to assert any lien arising under this title on the property which is the subject of such action or suit. The provisions of section 2410 of title 28 of the United Post, p. 1147. States Code (except subsection (b)) and of section 1444 of title 28 of 62 Stat. 938. the United States Code shall apply in any case in which the United States intervenes as if the United States had originally been named a defendant in such action or suit. I n any case in which the application of the United States to intervene is denied, the adjudication in such civil action or suit shall have no effect upon such lien."

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