ACCOUNTING OF SALES OF SEIZED PROPERTY.

SEC. 3442. ACCOUNTING OF SALES OF SEIZED PROPERTY. (a) In General.— Section 6340 (relating to records of sale) is amended— (1) in subsection (a)—112 STAT. 762 (A) by striking “real”; and (B) by inserting “or certificate of sale of personal property” after “deed”; and (2) by adding at the end the following new subsection: “(c) Accounting to Taxpayer.— The taxpayer with respect to whose liability the sale was conducted or who redeemed the property shall be furnished— “(1) the record under subsection (a) (other than the names of the purchasers); “(2) the amount from such sale applied to the taxpayer’s liability; and “(3) the remaining balance of such liability.”. (b) Effective Date.— The amendments made by this section shall apply to seizures occurring after the date of the enactment of this Act.