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15 U.S.C. § 636f — Coordination of efforts between the Administrator and the Internal Revenue Service to expedite loan processing

submitted 18 years ago by Pub. L. 110-234 to r/title-15-COMMERCE-AND-TRADE · 39 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Administrator and the Commissioner of Internal Revenue must share relevant and allowable tax records with loan processors as quickly as practicable when the Administrator requests them. The purpose stated in this section is expedited loan approval.

When the Administrator requests it, the Administrator and the Commissioner of Internal Revenue must, as much as practicable, make sure that all relevant and allowable tax records needed to approve a loan are shared with loan processors quickly.
the actual law source: uscode.house.gov ↗public domain

The Administrator and the Commissioner of Internal Revenue shall, to the maximum extent practicable, ensure that all relevant and allowable tax records for loan approval are shared with loan processors in an expedited manner, upon request by the Administrator.

Source credit: (Pub. L. 110–234, title XII, § 12066(b), May 22, 2008, 122 Stat. 1410; Pub. L. 110–246, § 4(a), title XII, § 12066(b), June 18, 2008, 122 Stat. 1664, 2172.)

history & why it existsrecord from the source credit
  • 2008Enacted · Pub. L. 110-234 · 122 Stat. 1410
  • 2008Amended · Pub. L. 110-246 · 122 Stat. 1664, 2172

A history note hasn’t been published yet. The record shows enactment by Pub. L. 110-234 on 2008-05-22.

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