[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4365 Engrossed in House (EH)]

112th CONGRESS
  2d Session
                                H. R. 4365

_______________________________________________________________________

                                 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.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. AMENDMENTS.

    Section 8437(e)(3) of title 5, United States Code, is amended in 
the first sentence--
            (1) by striking ``659)'' and inserting ``659),''; and
            (2) 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.''.

SEC. 2. DISPOSITION OF AMOUNTS.

    Any potential revenue gain attributable to the enactment of this 
Act, as determined by the Director of the Congressional Budget Office--
            (1) shall be deposited in the general fund of the Treasury 
        of the United States; and
            (2) shall be used solely for purposes of deficit reduction.

            Passed the House of Representatives August 1, 2012.

            Attest:

                                                                 Clerk.
112th CONGRESS

  2d Session

                               H. R. 4365

_______________________________________________________________________

                                 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.