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TREAS/IRS RIN: 1545-BQ34 Publication ID: Spring 2024 
Title: Sale of Seized Property 
Abstract:

This regulation revises the regulations under IRC 6335 regarding the sale of seized property to modernize tax sales and to make them more efficient so as to conserve IRS resources. These modernizations are consistent with the language under IRC 6335(e)(2) that the Secretary prescribe regulations governing the manner and conditions of sale. The regulations permit the IRS to conduct sales over the internet; clarify the role of revenue officers in conducting sales; amend the method by which bids are submitted, withdrawn, and considered; and make non-substantive updates to remove references to job titles that no longer exist or effective dates that are no longer applicable.

 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 26 CFR 301.6335-1   
Legal Authority: 26 U.S.C. 7805    26 U.S.C. 6335(e)(2)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  10/16/2023  88 FR 71323   
Final Action  12/00/2024 
Additional Information: REG-127391-16 (NPRM) Drafter attorney: Micah A. Levy (202) 317-5137 Reviewer attorney: Christopher W. Jones (202) 317-5412 Treasury attorney: Natasha Goldvug (202) 622-0180 CC:PA:04
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: Businesses, Governmental Jurisdictions, Organizations  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Micah A. Levy
Attorney
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW., Room 5139,
Washington, DC 20224
Phone:202 317-5137
Email: micah.a.levy@irscounsel.treas.gov