Quarterly notices to certain taxpayers with delinquencies

(a) In general Section 7524 is amended— (1) in the heading, by striking Annual notice and inserting Notice, (2) by striking Not less often than annually and inserting the following: (a) In general Except as provided in subsection (c), not less often than quarterly, and (3) by adding at the end the following: (b) Information on penalties and interest The notice described in subsection (a) shall include— (1) an estimate of the amount of penalties and interest that may accrue if the delinquent tax debt is not fully paid within the period remaining under section 6502(a), and (2) programs and services that can provide assistance to the taxpayer. (c) Exception The requirement under subsection (a) shall not apply— (1) during any period in which an agreement described in section 6159(a) or an accepted offer-in-compromise (as described in section 7122) is in effect, or (2) in the case of a taxpayer for which the Secretary has determined that the tax is not collectible (within the meaning of section 6343(e)).. (b) Conforming amendment The table of sections for chapter 77 is amended by striking the item relating to section 7524 and inserting the following new item: Sec. 7524. Notice of tax delinquency.. (c) Effective date The amendments made by this section shall take effect on the date which is 24 months after the date of enactment of this Act.