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

                                                 Union Calendar No. 453
112th CONGRESS
  2d Session
                                H. R. 4365

                          [Report No. 112-630]

 To amend title 5, United States Code, to make clear that accounts in 
   the Thrift Savings Fund are subject to certain Federal tax levies.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 17, 2012

   Ms. Buerkle (for herself and Mr. Ross of Florida) introduced the 
 following bill; which was referred to the Committee on Oversight and 
                           Government Reform

                             July 30, 2012

            Additional sponsor: Mr. Austin Scott of Georgia

                             July 30, 2012

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed
                  [Insert the part printed in italic]


_______________________________________________________________________

                                 A BILL


 
 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.
                                                 Union Calendar No. 453

112th CONGRESS

  2d Session

                               H. R. 4365

                          [Report No. 112-630]

_______________________________________________________________________

                                 A BILL

 To amend title 5, United States Code, to make clear that accounts in 
   the Thrift Savings Fund are subject to certain Federal tax levies.

_______________________________________________________________________

                             July 30, 2012

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed