,,ii #aaf? ,,congress #a/ ,session ,s4 #ajii ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,april #i1 #bjai,mr4 ,scott ( ,s\? ,c>ol9a 7= himself1 ,mr4 ,br[n1 & ,mr4 ,isakson7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to am5d title #ca1 ,unit$ ,/ates ,code1 to prohibit ! ,int]nal ,rev5ue ,s]vice f c>ry+ out seizures relat+ to a /ructur+ transaction unless ! prop]ty to be seiz$ d]iv$ f an illegal s\rce or ! funds 7 /ructur$ = ! purpose ( conceal+ ! violation ( ano!r crim9al law or regulation1 to require notice & a po/-seizure he>+ = su* seizures1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,clyde-,hirs*-,s[]s ,,respect ,act or ! ,re/ra9+ ,excessive ,seizure ( ,prop]ty ?r\gh ! ,exploitation ( ,civil asset =feiture ,tools ,act4 #b4 ,int]nal ,rev5ue ,s]vice seizure requirem5ts ) respect to /ructur+ transactions ,section #ecag7;c77#b7 ( title #ca1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 by /rik+ ,any prop]ty & ins]t+ ! foll[+3 7,a7 ,9 g5]al ,any prop]ty 2 & 7#b7 by add+ at ! end ! foll[+3 7,b7 ,int]nal ,rev5ue ,s]vice seizure requirem5ts ) respect to /ructur+ transactions 7i7 ,prop]ty d]iv$ f an illegal s\rce ,prop]ty may only be seiz$ by ! ,int]nal ,rev5ue ,s]vice pursuant to subp>agraph 7,a7 by reason ( a claim$ violation ( section #ecbd if ! prop]ty to be seiz$ 0 d]iv$ f an illegal s\rce or ! funds 7 /ructur$ = ! purpose ( conceal+ ! violation ( a crim9al law or regulation o!r ?an section #ecbd4 7ii7 ,notice ,n lat] ?an #cj days aft] prop]ty is seiz$ by ! ,int]nal ,rev5ue ,s]vice pursuant to subp>agraph 7,a71 ! ,int]nal ,rev5ue ,s]vice %all-- 7,i7 make a good fai? ef=t to f9d all p]sons ) an own]%ip int]e/ 9 su* prop]ty2 & 7,,ii7 provide ea* su* p]son ) a notice ( ! seizure & ( ! p]son's rights "u clause 7iv74 7iii7 ,ext5sion ( notice "u c]ta9 circum/ances ,! ,int]nal ,rev5ue ,s]vice may apply to a c\rt ( compet5t jurisdiction = "o #cj-;day ext5sion ( ! notice requirem5t "u clause 7ii7 if ! ,int]nal ,rev5ue ,s]vice c e/abli% probable cause ( an imm95t ?reat to national security or p]sonal safety necessitat+ su* ext5sion4 7iv7 ,po/-seizure he>+ ,if a p]son ) a prop]ty int]e/ 9 prop]ty seiz$ pursuant to subp>agraph 7,a7 by ! ,int]nal ,rev5ue ,s]vice reque/s a he>+ by a c\rt ( compet5t jurisdiction )9 #cj days aft] ! date on :i* notice is provid$ "u subclause 7ii71 su* prop]ty %all be return$ unless ! c\rt holds an adv]s>ial he>+ & f9ds )9 #cj days ( su* reque/ 7or su* long] p]iod z ! c\rt may provide1 b only on reque/ ( an int]e/$ p>ty7 t !re is probable cause to believe t !re is a violation ( section #ecbd involv+ su* prop]ty & probable cause to believe t ! prop]ty to be seiz$ 0 d]iv$ f an illegal s\rce or ! funds 7 /ructur$ = ! purpose ( conceal+ ! violation ( a crim9al law or regulation o!r ?an section #ecbd4 4 #c4 ,exclusion ( int]e/ receiv$ 9 action to recov] prop]ty seiz$ by ! ,int]nal ,rev5ue ,s]vice bas$ on /ructur+ transaction 7a7 ,9 g5]al ,"p ,,iii ( sub*apt] ,b ( *apt] #a ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by ins]t+ be=e section #adj ! foll[+ new section3 #aci;,h4 ,int]e/ receiv$ 9 action to recov] prop]ty seiz$ by ! ,int]nal ,rev5ue ,s]vice bas$ on /ructur+ transaction ,gross income %all n include any int]e/ receiv$ f ! ,f$]al ,gov]nm5t 9 connection ) an action to recov] prop]ty seiz$ by ! ,int]nal ,rev5ue ,s]vice pursuant to section #ecag7;c77#b7 ( title #ca1 ,unit$ ,/ates ,code1 by reason ( a claim$ violation ( section #ecbd ( su* title4 4 7b7 ,cl]ical am5dm5t ,! table ( sections = "p ,,iii ( sub*apt] ,b ( *apt] #a ( su* ,code is am5d$ by ins]t+ be=e ! item relat+ to section #adj ! foll[+ new item3 ,sec4 #aci;,h4 ,int]e/ receiv$ 9 action to recov] prop]ty seiz$ by ! ,int]nal ,rev5ue ,s]vice bas$ on /ructur+ transaction4 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to int]e/ receiv$ on or aft] ! date ( ! enactm5t ( ?is ,act4