,,ii #aahth ,,congress #ast ,session ,s4 #baaa ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,june #bb1 #bjbc,mr4 ,barrasso 7for himself and ,mr4 ,cardin7 introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to require the ,internal ,revenue ,service to notify taxpayers of specific information being sought from third parties for purposes of tax administration1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,taxpayer ,notification and ,privacy ,act of #bjbc4 #b4 ,specificity of taxpayer notice 7a7 ,in general ,paragraph 7#a7 of section #gfjb7;c7 of the ,internal ,revenue ,code of #aihf is amended-- 7#a7 by striking and at the end of subparagraph 7,a71 7#b7 by redesignating subparagraph 7,b7 as subparagraph 7,c7 and by inserting after subparagraph 7,a7 the following new subparagraph3 7,b7 identifies each specific item of information1 and any specific source or medium for such information1 intended to be sought from such persons1 1 7#c7 by striking the period at the end of subparagraph 7,c71 as so redesignated1 and inserting 1 and1 and 7#d7 by adding at the end the following new subparagraph3 7,d7 provides the taxpayer with reasonable opportunity and a period of not less than #de days 7or more1 if the taxpayer requests additional time and shows reasonable cause7 before the beginning of such period to respond1 including by providing the information described in subparagraph 7,b7 before contact is made with the persons described in subparagraphs 7,a7 and 7,b74 4 7b7 ,time for notification ,subparagraph 7,c7 of section #gfjb7;c77#a7 of the ,internal ,revenue ,code of #aihf1 as redesignated by subsection 7a71 is amended by striking #de days before the beginning of such period and inserting #fj days before the intended beginning of such period 7without regard to any additional time which may be granted under subparagraph 7,d774 7c7 ,effective date ,the amendments made by this section shall apply to notices provided under section #gfjb7;c7 of the ,internal ,revenue ,code of #aihf after the date of the enactment of this ,act4