Public Law 84–783

That subsection (j)

D. C., motor vehicle excise tax.

of section 6 of the District of Columbia Traffic Act, 1925 (43 Stat. 1121), as amended (sec. 40–603 (j), D. C. Code), is amended by adding at the end thereof the following new paragraph:

“(5)“(5)

New motor vehicles acquired from dealers as replacements for defective vehicles purchased new not more than sixty days prior to the date of such replacement, except that if the fair market value of any replacement vehicle is greater than that of the vehicle which it replaces, then the tax imposed by this section shall be paid on such difference in value. If the fair market value of any replacement vehicle is less than that of the vehicle which it replaces, then the Commissioners or their designated agent are authorized to refund to the owner of the replacement vehicle an amount equal to the difference between the excise tax paid on the defective vehicle and the excise tax paid on the replacement vehicle.”

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Sec. 2.

The second sentence of paragraph (2) of subsection (a) of section 7 of the District of Columbia Traffic Act, 1925, as amended (sec. 40–301 (a) (2), D. C. Code), as amended, is amended by striking

68 Stat. 732.

the word “District”.

Sec. 3.

This Act shall take effect thirty days after its approval.

Effective date.