31 U.S.C. § 1324 : US Code - Section 1324: Refund of internal revenue collections

Search 31 U.S.C. § 1324 : US Code - Section 1324: Refund of internal revenue collections

(a) Necessary amounts are appropriated to the Secretary of the
Treasury for refunding internal revenue collections as provided by
law, including payment of -
(1) claims for prior fiscal years; and
(2) accounts arising under -
(A) "Allowance or drawback (Internal Revenue)";
(B) "Redemption of stamps (Internal Revenue)";
(C) "Refunding legacy taxes, Act of March 30, 1928";
(D) "Repayment of taxes on distilled spirits destroyed by
casualty"; and
(E) "Refunds and payments of processing and related taxes".
(b) Disbursements may be made from the appropriation made by this
section only for -
(1) refunds to the limit of liability of an individual tax
account; and
(2) refunds due from credit provisions of the Internal Revenue
Code of 1986 (26 U.S.C. 1 et seq.) enacted before January 1,
1978, or enacted by the Taxpayer Relief Act of 1997, or from
section 35 of such Code.