Political Quotes

“Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 5523) to amend title 31, United States Code, 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 regulation, to require notice and a post-seizure hearing for such seizures, and for other purposes, as amended. The Clerk read the title of the bill. The text of the bill is as follows: H.R. 5523 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. 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 Act''. SEC. 2. INTERNAL REVENUE SERVICE SEIZURE REQUIREMENTS WITH RESPECT TO STRUCTURING TRANSACTIONS.…”