,,ii  #aafth ,,congress  #ast ,session  
,s4 #ajii  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,april #i1     
#bjai,mr4 ,scott of ,south ,carolina    
7for himself1 ,mr4 ,brown1 and ,mr4     
,isakson7 introduced the following bill2
 which was read twice and referred to   
the ,committee on ,finance  ,a ,,bill   
,to amend title #ca1 ,united ,states    
,code1 to prohibit the ,internal        
,revenue ,service from carrying out     
seizures relating to a structuring      
transaction unless the property to be   
seized derived from an illegal source or
 the funds were structured for the      
purpose of concealing the violation of  
another criminal law or regulation1 to  
require notice and a post-seizure       
hearing for such seizures1 and for other
 purposes4  #a4 ,short title ,this ,act 
may be cited as the                     
,clyde-,hirsch-,sowers ,,respect ,act or
 the ,restraining ,excessive ,seizure of
 ,property through the ,exploitation of 
,civil asset forfeiture ,tools ,act4    

#b4 ,internal ,revenue ,service seizure 
requirements with respect to structuring
 transactions ,section #ecag7;c77#b7 of 
title #ca1 ,united ,states ,code1 is    
amended-- 7#a7 by striking ,any property
 and inserting the following3  7,a7 ,in 
general ,any property  2 and  7#b7 by   
adding at the end the following3  7,b7  
,internal ,revenue ,service seizure     
requirements with respect to structuring
 transactions  7i7 ,property derived    
from an illegal source ,property may    
only be seized by the ,internal ,revenue
 ,service pursuant to subparagraph 7,a7 
by reason of a claimed violation of     
section #ecbd if the property to be     
seized was derived from an illegal      
source or the funds were structured for 
the purpose of concealing the violation 
of a criminal law or regulation other   
than section #ecbd4  7ii7 ,notice ,not  
later than #cj days after property is   
seized by the ,internal ,revenue        
,service pursuant to subparagraph 7,a71 
the ,internal ,revenue ,service shall-- 

7,i7 make a good faith effort to find   
all persons with an ownership interest  
in such property2 and  7,,ii7 provide   
each such person with a notice of the   
seizure and of the person's rights under
 clause 7iv74  7iii7 ,extension of      
notice under certain circumstances ,the 
,internal ,revenue ,service may apply to
 a court of competent jurisdiction for  
one #cj-;day extension of the notice    
requirement under clause 7ii7 if the    
,internal ,revenue ,service can         
establish probable cause of an imminent 
threat to national security or personal 
safety necessitating such extension4    
7iv7 ,post-seizure hearing ,if a person 
with a property interest in property    
seized pursuant to subparagraph 7,a7 by 
the ,internal ,revenue ,service requests
 a hearing by a court of competent      
jurisdiction within #cj days after the  
date on which notice is provided under  
subclause 7ii71 such property shall be  
returned unless the court holds an      
adversarial hearing and finds within #cj

 days of such request 7or such longer   
period as the court may provide1 but    
only on request of an interested party7 
that there is probable cause to believe 
that there is a violation of section    
#ecbd involving such property and       
probable cause to believe that the      
property to be seized was derived from  
an illegal source or the funds were     
structured for the purpose of concealing
 the violation of a criminal law or     
regulation other than section #ecbd4  4 
#c4 ,exclusion of interest received in  
action to recover property seized by the
 ,internal ,revenue ,service based on   
structuring transaction  7a7 ,in general
 ,part ,,iii of subchapter ,b of chapter
 #a of the ,internal ,revenue ,code of  
#aihf is amended by inserting before    
section #adj the following new section3 
#aci;,h4 ,interest received in action to
 recover property seized by the         
,internal ,revenue ,service based on    
structuring transaction ,gross income   
shall not include any interest received 

from the ,federal ,government in        
connection with an action to recover    
property seized by the ,internal        
,revenue ,service pursuant to section   
#ecag7;c77#b7 of title #ca1 ,united     
,states ,code1 by reason of a claimed   
violation of section #ecbd of such      
title4  4  7b7 ,clerical amendment ,the 
table of sections for part ,,iii of     
subchapter ,b of chapter #a of such     
,code is amended by inserting before the
 item relating to section #adj the      
following new item3  ,sec4 #aci;,h4     
,interest received in action to recover 
property seized by the ,internal        
,revenue ,service based on structuring  
transaction4  4  7c7 ,effective date    
,the amendments made by this section    
shall apply to interest received on or  
after the date of the enactment of this 
,act4