Sec. 2104. APPLICATION OF CONTINUOUS LEVY TO TAX LIABILITIES OF CERTAIN FEDERAL CONTRACTORS

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## SEC. 2104 APPLICATION OF CONTINUOUS LEVY TO TAX LIABILITIES OF CERTAIN FEDERAL CONTRACTORS ###

(a)In General Subsection

(f)of section 6330 of the Internal Revenue Code of 1986 is amended by striking “ or ” at the end of paragraph (2), by inserting “ or ” at the end of paragraph (3), and by inserting after paragraph

(3)the following new paragraph: > > #### “(4) > > the Secretary has served a Federal contractor levy,” > . ###

(b)Federal Contractor Levy Subsection

(h)of section 6330 of the Internal Revenue Code of 1986 is amended— ####

(1)by striking all that precedes “ any levy in connection with the collection ” and inserting the following: > > ### “(h) Definitions Related to Exceptions > > For purposes of subsection (f)— > > > #### “(1) Disqualified employment tax levy > > A disqualified employment tax levy is” > ; and ####

(2)by adding at the end the following new paragraph: > > #### “(2) Federal contractor levy > > A Federal contractor levy is any levy if the person whose property is subject to the levy (or any predecessor thereof) is a Federal contractor.” > . ###

(c)Conforming Amendment The heading of subsection

(f)of section 6330 of the Internal Revenue Code of 1986 is amended by striking “Jeopardy and State Refund Collection” and inserting “Exceptions”. ###

(d)Effective Date The amendments made by this section shall apply to levies issued after the date of the enactment of this Act. ### PART II PROMOTING RETIREMENT PREPARATION