Amendments
1998—Subsec. (e)(1)(A)(i). [Pub. L. 105–206, § 3441(a)], substituted “a minimum price below which such property shall not be sold” for “a minimum price for which such property shall be sold”.
Subsec. (e)(4). [Pub. L. 105–206, § 3441(b)], added par. (4).
1988—Subsecs. (f), (g). [Pub. L. 100–647] added subsec. (f) and redesignated former subsec. (f) as (g).
1986—Subsec. (e)(1). [Pub. L. 99–514] amended par. (1) generally. Prior to amendment, par. (1) “Minimum price” read as follows: “Before the sale the Secretary shall determine a minimum price for which the property shall be sold, and if no person offers for such property at the sale the amount of the minimum price, the property shall be declared to be purchased at such price for the United States; otherwise the property shall be declared to be sold to the highest bidder. In determining the minimum price, the Secretary shall take into account the expense of making the levy and sale.”
1976—[Pub. L. 94–455] struck out “or his delegate” after “Secretary” wherever appearing.
1966—Subsec. (b). [Pub. L. 89–719] inserted an alternative to the publication of notice of sale to allow publication in a newspaper generally circulated within the county in which the property is seized even though the newspaper is not published in such county.
Statutory Notes and Related Subsidiaries
Effective Date of 1998 Amendment
[Pub. L. 105–206, title III, § 3441(c)], July 22, 1998, [112 Stat. 761], provided that: “The amendments made by this section [amending this section] shall apply to sales made after the date of the enactment of this Act [July 22, 1998].”
Effective Date of 1988 Amendment
Amendment by [Pub. L. 100–647] applicable to requests made on or after Jan. 1, 1989, see [section 6236(h)(2) of Pub. L. 100–647], set out as a note under section 6331 of this title.
Effective Date of 1986 Amendment
[Pub. L. 99–514, title XV, § 1570(b)], Oct. 22, 1986, [100 Stat. 2765], provided that: “The amendment made by subsection (a) [amending this section] shall apply to—“(1)
property seized after the date of the enactment of this Act [Oct. 22, 1986], and
“(2)
property seized on or before such date which is held by the United States on such date.”
Effective Date of 1966 Amendment
Amendment by [Pub. L. 89–719] applicable after Nov. 2, 1966, regardless of when title or lien of United States arose or when lien or interest of another person was acquired, with certain exceptions, see section 114(a)–(c) of [Pub. L. 89–719], set out as a note under section 6323 of this title.
Uniform Asset Disposal Mechanism
[Pub. L. 105–206, title III, § 3443], July 22, 1998, [112 Stat. 762], provided that: “Not later than the date which is 2 years after the date of the enactment of this Act [July 22, 1998], the Secretary of the Treasury or the Secretary’s delegate shall implement a uniform asset disposal mechanism for sales under section 6335 of the Internal Revenue Code of 1986. The mechanism should be designed to remove any participation in such sales by revenue officers of the Internal Revenue Service and should consider the use of outsourcing.”