U.S. House to Stop IRS from Stealing Your Bank Account
By Forbes,Sep19, 2016
This week, the U.S. House of Representatives will consider H.R. 5523, the “Clyde-Hirsch-Sowers RESPECT (Restraining Excessive Seizure of Property through the Exploitation of Civil Asset Forfeiture Tools) Act,” sponsored by Congressman Peter Roskam (R-Ill.) It enjoys the bipartisan co-sponsorship of twelve Members of Congress as ideologically diverse from Mr. Roskam as Chris Van Hollen of Maryland, Danny Davis of Illinois, and Joe Crowley of New York–all Democrats. It was reported out of the tax-writing Ways and Means Committee by voice vote and was discharged immediately from the Financial Services Committee. It is widely expected to pass by an overwhelming bipartisan margin on the House floor later this week via the non-controversial suspension calendar.