Volume 52
Public Law 75–315
To refund sums paid by the railroads and other carriers of the United States under the Railroad Retirement Act of 1934.
Approved June 1, 1938
Statutory text
AN ACT
To refund sums paid by the railroads and other carriers of the United States under the Railroad Retirement Act of 1934.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That the Secretary of the Treasury be, and he is hereby, authorized and directed to pay, out of any money in the Treasury not otherwise appropriated, including the balance remaining in the fund in the Treasury designated “Railroad Retirement Trust Fund”, to the railroad companies and other carriers of the United States, their trustees or receivers, their proportionate share of a sum not to exceed $139,000, in full settlement of all their claims against the United States for a refund of sums paid into the Treasury of the United States by order of the Railroad Retirement Board created by the Act of Congress of
June 27, 1934, known as “Railroad Retirement Act”, which Act was on May 6, 1935, declared unconstitutional by the Supreme Court of the United States.
Sec. 2.
Claims for refund hereunder shall be filed within one year from the approval of this Act, and the Secretary of the Treasury may promulgate such rules and regulations as he deems necessary for carrying out the purpose of this Act.
Approved, June 1, 1938.