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Sec. 139H. 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 5317(c)(2) of title 31, United States Code, by reason of a claimed violation of section 5324 of such title.
(Added by Pub. L. 116-25, title I, Sec. 1202(a), July 1 , 2019, 133 Stat. 981.)
BACKGROUND NOTES
EFFECTIVE DATE
Amendment by Pub. L. 116-25, Sec. 1202(a), applicable to interest received on or after the date of the enactment of this Act [Enacted: July 1, 2019].