§ 276. Certain indirect contributions to political parties

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1966

   Tax Adjustment Act of 1966

   Pub. L. 89–368 title III § 301(a) · 80 Stat. 38

   Enacted · 26 U.S.C. § 276

   Added Pub. L. 89–368, title III, § 301(a), Mar. 15, 1966, 80 Stat. 66

   Source evidence

   Code source credit
   Added Pub. L. 89–368, title III, § 301(a), Mar. 15, 1966, 80 Stat. 66

   Enacted provision · exact public law section
   (a) Disallowance.— Part IX of subchapter B of chapter 1 (relating to items not deductible) is amended by adding at the end thereof the following new section: “SEC. 276. CERTAIN INDIRECT CONTRIBUTIONS TO POLITICAL PARTIES. “(a) Disallowance of Deduction.— No deduction otherwise allowable under this chapter shall be allowed for any amount paid or incurred for— “(1) advertising in a convention program of a political party, or in any other publication if any part of the proceeds of such publication directly or indirectly inures (or is intended to inure) to or for the use of a political party or a political candidate, “(2) admission to any dinner or program, if any part of the proceeds of such dinner or program directly or indirectly inures (or is intended to inure) to or for the use of a political party or a political candidate, or “(3) admission to an inaugural ball, inaugural gala, inaugural parade, or inaugural concert, or to any similar event which is identified with a political party or a political candidate. “(b) Definitions.— For purposes of this section— “(1) Political party.— The term ‘political party’ means— “(A) a political party; “(B) a National, State, or local committee of a political party: or “(C) a committee, association, or organization, whether incorporated or not, which directly or indirectly accepts contributions (as defined in section 271 (b)(2)) or make expenditures (as defined in section 271(b)(3)) for the purpose of 68A Stat. 82. 26 USC 271. influencing or attempting to influence the selection, nomination, or election of any individual to any Federal, State, or local elective public office, or the election of presidential and vice-presidential electors, whether or not such individual or electors are selected, nominated, or elected. “(2) Proceeds inuring to or for the use of political candidates.— Proceeds shall be treated as inuring to or for the use of a political candidate only if— “(A) such proceeds may be used directly or indirectly for the purpose of furthering his candidacy for selection, nomination, or election to any elective public office, and “(B) such proceeds are not received by such candidate in the ordinary course of a trade or business (other than the trade or business of holding elective public office). “(c) Cross Reference.— “For disallowance of certain entertainment, etc, expenses, see section 274.”

2. 1968

   Revenue and Expenditure Control Act of 1968

   Pub. L. 90–364 title I § 108(a) · 82 Stat. 251

   1. Added · 26 U.S.C. § 276(c); 26 U.S.C. § 276(d)

      Pub. L. 90–364 added subsec. (c)

   2. Redesignated · 26 U.S.C. § 276(c); 26 U.S.C. § 276(d)

      Pub. L. 90–364 redesignated former subsec. (c) as (d)

   Source evidence

   Code amendment note
   Subsecs. (c), (d). Pub. L. 90–364 added subsec. (c) and redesignated former subsec. (c) as (d).

   Enacted provision · exact public law section
   (a) Allowance of Deduction.— Section 276 (relating to certain indirect contributions to political parties) is amended by redesignating subsection (c) as (d), and by inserting after subsection (b) the following new subsection: “(c) Advertising in a Convention Program of a National Political Convention.— Subsection (a) shall not apply to any amount paid or incurred for advertising in a convention program of a political party distributed in connection with a convention held for the purpose of nominating candidates for the offices of President and Vice President of the United States, if the proceeds from such program are used solely to defray the costs of conducting such convention (or a subsequent convention of such party held for such purpose) and the amount paid or incurred for such advertising is reasonable in light of the business the taxpayer may expect to receive— “(1) directly as a result of such advertising, or “(2) as a result of the convention being held in an area in which the taxpayer has a principal place of business.”

3. 1974

   Pub. L. 93–443 title IV § 406(d) · 88 Stat. 1263

   1. Struck · 26 U.S.C. § 276(c); 26 U.S.C. § 276(d)

      Pub. L. 93–443 struck out subsec. (c) relating to advertising in a convention program of a national political convention

   2. Redesignated · 26 U.S.C. § 276(c); 26 U.S.C. § 276(d)

      Pub. L. 93–443 redesignated subsec. (d) as (c)

   Source evidence

   Code amendment note
   Subsecs. (c), (d). Pub. L. 93–443 struck out subsec. (c) relating to advertising in a convention program of a national political convention, and redesignated subsec. (d) as (c).

   Enacted provision · exact public law section
   (d) Section 276 of such Code (relating to certain indirect contributions 26 USC 276. to political parties) is amended by striking out subsection (c) and by redesignating subsection (d) as subsection (c).

   Effective date note
   Amendment by Pub. L. 93–443 applicable with respect to taxable years beginning after Dec. 31, 1974, see section 410(c)(1) of Pub. L. 93–443, set out as a note under section 30101 of Title 52, Voting and Elections.

5 of 5 references resolved to an enrolled provision