Volume 49
Public Law 74–112
To extinguish tax liabilities and tax liens arising out of the Tobacco, Cotton, and Potato Acts.
Approved March 2, 1936
Statutory text
AN ACT
To extinguish tax liabilities and tax liens arising out of the Tobacco, Cotton, and Potato Acts.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That the Act
Repeal of Tobacco, Cotton, and Potato Acts, amendment.
Ante, p. 1106.
Post, p. 1163.
entitled “An Act to repeal the Kerr Tobacco Act, the Bankhead Cotton Act of 1934, and the Potato Act of 1935”, approved February 10, 1936, is amended by striking out “; and all liens for taxes imposed as provided in subdivision (f) of section 4 of Public Law Numbered 169 are hereby canceled and released.” and inserting in lieu thereof a period and the following: “No tax, civil penalty, or interest which
Cancelation of certain tax liens, etc.
accrued under any provision of law repealed by this Act and which is uncollected on the date of the enactment of this Act shall be collected; and all liens for taxes, civil penalties, or interest arising out of taxes under such provisions of law are canceled and released.”
Approved, March 2, 1936.