; and (3) in the case of an amount assessed under paragraph (3) of such subsection, in the manner in which amounts are collected pursuant to settlement agreements or consent decrees entered into by the entity of the Federal Government involved. (c) Transfers In a manner consistent with section 3302(b) of this title, there shall be transferred from the General Fund of the Treasury to the Freedom From Influence Fund under title III of the Empower Act of 2024 an amount equal to the amount of the assessments collected under this section. (d) Exception for penalties and settlements under authority of the Internal Revenue Code of 1986 (1) In general No assessment shall be made under subsection (a) with respect to any civil or administrative penalty imposed, or any settlement agreement or consent decree entered into, under the authority of the Internal Revenue Code of 1986. (2) Cross reference For application of special assessments for the Freedom From Influence Fund with respect to certain penalties under the Internal Revenue Code of 1986, see section 6761 of the Internal Revenue Code of 1986. . (2) Clerical amendment The table of sections of chapter 97 of title 31, United States Code, is amended by adding at the end the following: 9706. Special assessments for Freedom From Influence Fund. . (c) Assessments relating to certain penalties under the Internal Revenue Code of 1986 (1) In general Chapter 68 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subchapter: D Special assessments for Freedom From Influence Fund 6761. Special assessments for Freedom From Influence Fund (a) In general Each person required to pay a covered penalty shall pay an additional amount equal to 4.75 percent of the amount of such penalty. (b) Covered penalty For purposes of this section, the term covered penalty means any addition to tax, additional amount, penalty, or other liability provided under subchapter A or B. (c) Exception for certain individuals (1) In general In the case of a taxpayer who is an