PUBLIC LAW 104-168-JULY 30, 1996 110 STAT. 1473 (B) by striking "(i)(3)(B)(i), or (8)" and inserting "(i)(3)(B)(i), ", and (C) by striking "or (12)" and inserting "(12), or (15)". (4) Clause (ii) of section 6103(p)(4)(F) is amended— (A) by striking "(5), or (8)" and inserting "or (5)", and (B) by striking "or (14)" and inserting "(14), or (15)". (5) Paragraph (2) of section 7213(a) is amended by striking "or (12)" and inserting "(12), or (15)". (c) EFFECTIVE DATE. — The amendments made by this section 26 USC 6103 shall take effect on the date of the enactment of this Act. ^°^- SEC. 1207. DISCLOSURE OF RETURNS AND RETURN INFORMATION TO DESIGNEE OF TAXPAYER. Subsection (c) of section 6103 (relating to disclosure of returns and return information to designee of taxpayer) is amended by striking "written request for or consent to such disclosure" and inserting "request for or consent to such disclosure". SEC. 1208. STUDY OF NETTING OF INTEREST ON OVERPAYMENTS AND LIABILITIES. (a) IN GENERAL. — The Secretary of the Treasury or his delegate shall— (1) conduct a study of the manner in which the Internal Revenue Service has implemented the netting of interest on overpayments and underpayments and of the policy and administrative implications of global netting, and (2) before submitting the report of such study, hold a public hearing to receive comments on the matters included in such study. (b) REPORT.— The report of such study shall be submitted not later than 6 months after the date of the enactment of this Act to the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate. SEC. 1209. EXPENSES OF DETECTION OF UNDERPAYMENTS AND FRAUD, ETC. (a) IN GENERAL. — Section 7623 (relating to expenses of deduction and pimishment of frauds) is amended to read as follows: "SEC. 7623. EXPENSES OF DETECTION OF UNDERPAYMENTS AND FRAUD, ETC. "The Secretary, under regulations prescribed by the Secretary, Regulations, is authorized to pay such sums as he deems necessary for— "(1) detecting underpayments of tax, and "(2) detecting and bringing to trial and piuiishment persons guilty of violating the internal revenue laws or conniving at the same, in cases where such expenses are not otherwise provided for by law. Any amount payable under the preceding sentence shall be paid from the proceeds of amounts (other than interest) collected by reason of the information provided, and any amount so collected shall be available for such payments.".
�
