Volume 48 · 974
Public Law 73–551
To amend an Act entitled “An Act to relieve the existing national economic emergency by increasing agricultural purchasing power, to raise revenue for extraordinary expenses incurred by reason of such emergency, to provide emergency relief with respect to agricultural indebtedness, to provide for the orderly liquidation of joint-stock land banks, and for other purposes”, approved May 12, 1933.
Approved June 16, 1934
Statutory text
AN ACT
To amend an Act entitled “An Act to relieve the existing national economic emergency by increasing agricultural purchasing power, to raise revenue for extraordinary expenses incurred by reason of such emergency, to provide emergency relief with respect to agricultural indebtedness, to provide for the orderly liquidation of joint-stock land banks, and for other purposes”, approved May 12, 1933.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That subsection
Agricultural Adjustment Act amended.
Ante, p. 39.
(c) of section 15 of the Act entitled “An Act to relieve the existing national economic emergency by increasing agricultural purchasing power, to raise revenue for extraordinary expenses incurred by reason of such emergency, to provide emergency relief with respect to agricultural indebtedness, to provide for the orderly liquidation of joint-stock land banks, and for other purposes”, approved May 12, 1933, is amended to read as follows:
“Any person, including any State or Federal organization or institution,
Refund of processing tax on products for charitable distribution.
delivering any product to any organization for charitable distribution, or use, including any State or Federal welfare organization, for its own use. whether the product is delivered as merchandise, or as a container for merchandise, or otherwise, shall, if such product or the commodity from which processed is under this title subject to tax, be entitled to a refund of the amount of any tax duo and paid under this title with respect to such product so delivered, or to a credit against any tax due and payable under this title of the amount of tax which would be refundable under this section with
Proviso.
Restriction.
inspect to such product so delivered: Provided, however, That no tax shall be refunded or credited under this section, unless the person claiming the refund or credit establishes, in accordance with regulations prescribed by the Commissioner of Internal Revenue, with the approval of the Secretary of the Treasury (1) that he has not included the tax in the price of the product so delivered or collected the amount of the tax from the said organization, or (2) that he has repaid, or has agreed in writing to repay, the amount of the tax to the said organization. No refund shall be allowed under this section
Time limitation.
“State” defined.
unless claim therefor is filed within six months after delivery of the products to the organization for charitable distribution, or use. The word ‘State’ as used in this section shall include a State and any political subdivision thereof.”
Approved, June 16, 1934.