1138
Ante. p. 1136.
68A Stat. 789*
PUBLIC LAW 89-719-NOV. 2, 1966
[80 STAT.
(1) by striking out so much thereof as precedes paragraph (1) and inserting in lieu thereof " (a) COLLECTION or LIABILITY.—Any money realized by proceedings under this subchapter (whether by seizure, by surrender under section 6332 (except pursuant to subsection (c)(2) thereof), or by sale of seized property) or by sale of property redeemed by the United States (if the interest of the United States in such property was a lien arising under the provisions of this title) shall be applied as follows:"; (2) by striking out "under this subchapter" in paragraph (1); and (3) by adding "or the sale was conducted" after "levy was made" in paragraph (3). (i) RETURN OF PROPERTY.—Section 6343 (relating to authority to release levy) is amended— (1) by striking out the heading of such section and inserting in lieu thereof the following: "SEC. 6343. AUTHORITY TO RELEASE LEVY AND RETURN PROPERTY."; (2) by striking out " I t shall be" and inserting in lieu thereof " (a) RELEASE or LEVY.—It shall be"; and (3) by adding at the end thereof the following new subsection: " (b) RETURN OF PROPERTY.—If the Secretary or his delegate deter-
mines that property has been wrongfully levied upon, it shall be lawful for the Secretary or his delegate to return— " (1) the specific property levied upon, " (2) an amount of money equal to the amount of money levied upon, or "(3) an amount of money equal to the amount of money received by the United States from a sale of such property. Property may be returned at any time. A n amount equal to the amount of money levied upon or received from such sale may be returned at any time before the expiration of 9 months from the date of such levy. For purposes of paragraph (3), if property is declared purchased by the United States at a sale pursuant to section 6335(e) (relating to manner and conditions of sale), the United States shall be treated as having received an amount of money equal to the minimum price determined pursuant to such section or (if larger) the amount received by the United States from the resale of such property." (j) CLERICAL AMENDMENT.—The table of sections for subchapter D of chapter 64 is amended by striking out— "Sec. 6343. Authority to release levy." and inserting in lieu thereof "Sec. 6343. Authority to release levy and return property." SEC. 105. LIABILITY FOR WITHHELD TAXES. 3^26 USC 3501-
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EFFECT ON THIRD PARTIES.—Chapter 25 (relating to general
provisions relating to employment taxes) is amended by adding at the end thereof the following new section: "SEC. 3505. LIABILITY OF THIRD PARTIES PAYING OR PROVIDING FOR WAGES. " (a) DIRECT PAYMENT BY THIRD PARTIES.—For purposes of sections 3102, 3202, 3402, and 3403, if a lender, surety, or other person, who is not an employer under such sections with respect to an employee or group of employees, pays wages directly to such an employee or group of employees, employed by one or more employers, or to an
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