6-MONTH EXTENSION OF PROVISIONS RELATING TO COLLECTION OF NON-TAX DEBTS OWED TO FEDERAL AGENCIES.

SEC. 9402. 6-MONTH EXTENSION OF PROVISIONS RELATING TO COLLECTION OF NON-TAX DEBTS OWED TO FEDERAL AGENCIES. (a) General Rule.— Subsection (c) of section 2653 of the Deficit Reduction Act of 1984 is amended by striking out “January 1, 1988” and inserting in lieu thereof “July 1, 1988”. (b) Clarification of Congressional Intent as to Scope of Provision.— (1) Nothing in the amendments made by section 2653 of the Deficit Reduction Act of 1984 shall be construed as exempting, debts of corporations or any other category of persons from the application of such amendments. (2) It is the intent of the Congress that, to the extent practicable, the amendments made by section 2653 of the Deficit Reduction Act of 1984 shall extend to all Federal agencies (as defined in the amendments made by such section). (3) The Secretary of the Treasury shall issue regulations to carry out the purposes of this subsection. (c) Study by the General Accounting Office.— The Comptroller General of the United States, in consultation with the Secretary of the Treasury or his delegate, shall conduct a study of the operation and effectiveness of the amendments made by section 2653 of the Deficit Reduction Act of 1984. The study shall compile and evaluate101 STAT. 1330–377 information on the effect of those amendments on voluntary compliance with the income tax laws. Not later than April 1, 1989, the Comptroller General shall submit to the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate a report of the study conducted under this subsection, together with such recommendations as he may deem advisable.