26 U.S.C. § 6408
§ 6408. State escheat laws not to apply
No plain-English explainer yet. Below is the official text. Explainers are being added section by section.
History
Added in 1987 by the Omnibus Budget Reconciliation Act of 1987. Last changed December 22, 1987 by the Omnibus Budget Reconciliation Act of 1987.
Every change, newest first (1)
- December 22, 1987Omnibus Budget Reconciliation Act of 1987 · added this section
The law as written
Current through Public Law 119-102. Amendment notes omitted.
No overpayment of any tax imposed by this title shall be refunded (and no interest with respect to any such overpayment shall be paid) if the amount of such refund (or interest) would escheat to a State or would otherwise become the property of a State under any law relating to the disposition of unclaimed or abandoned property. No refund (or payment of interest) shall be made to the estate of any decedent unless it is affirmatively shown that such amount will not escheat to a State or otherwise become the property of a State under such a law.