Page:United States Statutes at Large Volume 98 Part 1.djvu/1201

 PUBLIC LAW 98-369—JULY 18, 1984

98 STAT. 1153

(B) by striking out ", but not later than the 30th day after the custodian receives the money,"; (C) by inserting after the first sentence the following new r sentence: "Except as provided in paragraph (2), money required to be deposited pursuant to this subsection shall be deposited not later than the third day after the custodian receives the money,"; and (D) by adding at the end thereof the following new paragraph: "(2) The Secretary of the Treasury may by regulation prescribe that a person having custody or possession of money required by this subsection to be deposited shall deposit such money during a period of time that is greater or lesser than the period of time specified by the second sentence of paragraph (1).", (2) The amendments made by this subsection shall become effec- Effective date. 31 USC 3302 tive January 1, 1985. note.

COLXiECTION OF NON-TAX DEBTS OWED TO FEDERAL AGENCIES

SEC. 2653. (a)(1) Subchapter II of chapter 37 of title 31, United States Code, as amended by section 2652(a)(1) of this Act, is further amended by adding at the end thereof the following new section: "§ 3720A. Reduction of tax refund by amount of debt 31 USC 3720A. "(a) Any Federal agency that is owed a past-due legally enforceable debt (other than any OASDI overpayment and past-due support) by a named person shall, in accordance with regulations issued pursuant to subsection (d), notify the Secretary of the Treasury of the amount of such debt. "(b) No Federal agency may take action pursuant to subsection (a) SO#ll ')8U-'M with respect to any debt until such agency— "(1) notifies the person incurring such debt that such agency proposes to take action pursuant to such paragraph with respect to such debt; "(2) gives such person at least 60 days to present evidence that all or part of such debt is not past-due or not legally enforceable; "(3) considers any evidence presented by such person and determines that an amount of such debt is past due and legally enforceable; and "(4) satisfies such other conditions as the Secretary may prescribe to ensure that the determination made under paragraph (3) with respect to such debt is valid and that the agency has made reasonable efforts to obtain payment of such debt. "(c) Upon receiving notice from any Federal agency that a named person owes to such agency a past-due legally enforceable debt, the Secretary of the Treasury shall determine whether any amounts, as refunds of Federal taxes paid, are payable to such person. If the Secretary of the Treasury finds that any such amount is payable, he shall reduce such refunds by an amount equal to the amount of such debt, pay the amount of such reduction to such agency, and notify such agency of the individual's home address. "(d) The Secretary of the Treasury shall issue regulations pre- Regulations, scribing the time or times at which agencies must submit notices of past-due legally enforceable debts, the manner in which such notices must be submitted, and the necessary information that must be contained in or accompany the notices. The regulations shall specify the minimum amount of debt to which the reduction procedure established by subsection (c) may be applied and the fee that an

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