NOTICE OF INTEREST CHARGES.

SEC. 3308. NOTICE OF INTEREST CHARGES. (a) In General.— Chapter 67 (relating to interest) is amended by adding at the end the following new subchapter:112 STAT. 745 “Subchapter D—Notice requirements “Sec. 6631. Notice requirements. “SEC. 6631. NOTICE REQUIREMENTS. “The Secretary shall include with each notice to an individual taxpayer which includes an amount of interest required to be paid by such taxpayer under this title information with respect to the section of this title under which the interest is imposed and a computation of the interest.”. (b) Conforming Amendment.— The table of subchapters for chapter 67 is amended by adding at the end the following new item: “Subchapter D. Notice requirements.”. (c) Effective Date.— The amendments made by this section shall apply to notices issued after December 31, 2000.