Pub. L. 108-357, tit. VIII, subtit. D, sec. 887

MODIFICATION OF CONTINUING LEVY ON PAYMENTS TO FEDERAL VENDORS.

EnactedYear: 2004Length: 92 wordsOfficial source
SEC. 887. MODIFICATION OF CONTINUING LEVY ON PAYMENTS TO FEDERAL VENDORS.(a) In General.—Section 6331(h) (relating to continuing levy on certain payments) is amended by adding at the end the following new paragraph:“(3) Increase in levy for certain payments.—Paragraph (1) shall be applied by substituting ‘100 percent’ for ‘15 percent’ in the case of any specified payment due to a vendor of goods or services sold or leased to the Federal Government.”.118 STAT. 1642(b) Effective Date.—The amendment made by this section shall take effect on the date of the enactment of this Act.
Pub. L. 108-357, tit. VIII, subtit. D, sec. 887: MODIFICATION OF CONTINUING LEVY ON PAYMENTS TO FEDERAL VENDORS. | Justis AI