§ 1843. Exemption from taxation for income derived from sources within Commonwealth

Footnotes

1. 1 See References in Text note below.

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. 1980

   Pub. L. 96–205 title II § 205 · 94 Stat. 84

   Enacted · 48 U.S.C. § 1843

   Pub. L. 96–205, title II, § 205, Mar. 12, 1980, 94 Stat. 87

   Source evidence

   Code source credit
   Pub. L. 96–205, title II, § 205, Mar. 12, 1980, 94 Stat. 87

   Enacted provision · exact public law section
   Sec. 205. (a) Except as provided in subsection (c), any person, 48 USC 1681 note. including an individual, trust, estate, partnership, association, company, or corporation, which is a resident of or which is organized under the laws of the Commonwealth of the Northern Mariana Islands and which is subject to the provisions of section 601 of the Covenant to Establish the Commonwealth of the Northern Mariana Islands in Political Union with the United States (Public Law 94–241), shall be exempted from the requirements of such section with respect to income derived from sources within the Commonwealth of the Northern Mariana Islands for taxable years beginning after December 31, 1978, and before January 1, 1981. Nothing in this section shall be construed as relieving such person from the obligation to comply with the requirements of section 601 with respect to income derived from sources outside of the Commonwealth of the Northern Mariana Islands. (b) Except as provided in subsection (c), any person, including an individual, trust, estate, partnership, association, company, or corporation, which is a resident of or which is organized under the laws of the Commonwealth of the Northern Mariana Islands and which is subject to the provisions of section 601 of the Covenant to Establish the Commonwealth of the Northern Mariana Islands (Public Law 94–241), shall be exempt from the requirements of such section with respect to income from sources within the Northern Mariana Islands for its taxable year beginning after December 31, 1980, and before January 1, 1982: Provided, That the Secretary receives written notice from the Governor of the Northern Mariana Islands not later than September 30, 1980, that sections 1,2,3,4, and 5 of chapter 2 of Public Law 1–30 of the Commonwealth of the Northern Mariana Islands or its successor, have been repealed in their entirety, effective December 31, 1981. (c) It is the sense of Congress that the term “rebate” as used in “Rebate.” section 602 of Public Law 94–241 does not permit the abatement of taxes.

2. 1980

   Pub. L. 96–597 title III § 303(a) · 94 Stat. 3477

   Substituted · 48 U.S.C. § 1843(a)

   Pub. L. 96–597 substituted “until, but not after, January 1, 1983.” for “and before January 1, 1981.”

   Source evidence

   Code amendment note
   Subsec. (a). Pub. L. 96–597 substituted “until, but not after, January 1, 1983.” for “and before January 1, 1981.”.

   Enacted provision · exact public law section
   (a) The Act of March 12, 1980 (Public Law 96–205; 94 Stat. 87) is hereby amended as follows: In section 205(a) change “and before January 1, 1981.” to “until, but not after, January 1, 1983.”.

3. 1983

   Pub. L. 98–213 § 3(a) · 97 Stat. 1459

   Substituted · 48 U.S.C. § 1843(a)

   Pub. L. 98–213, § 3(a), substituted “1985” for “1983”

   Source evidence

   Code amendment note
   Subsec. (a). Pub. L. 98–213, § 3(a), substituted “1985” for “1983”.

   Enacted provision · exact public law section
   (a) Section 205(a) of Public Law 48 USC 1681 note. 96–205, as amended by Public Law 96–597, is further amended by changing “1983.” to “1985.”.

4. 1983

   Pub. L. 98–213 § 3(b) · 97 Stat. 1459

   Amended · 48 U.S.C. § 1843(c)

   Pub. L. 98–213, § 3(b), amended subsec. (c) generally. Prior to amendment, subsec. (c) read as follows: “It is the sense of Congress that the term ‘rebate’ as used in section 602 of Public Law 94–241 does not permit the abatement of taxes.”

   Source evidence

   Code amendment note
   Subsec. (c). Pub. L. 98–213, § 3(b), amended subsec. (c) generally. Prior to amendment, subsec. (c) read as follows: “It is the sense of Congress that the term ‘rebate’ as used in section 602 of Public Law 94–241 does not permit the abatement of taxes.”

   Enacted provision · exact public law section
   (b) Section 205(c) of Public Law 96–205 (94 Stat. 87) Rebate of any taxes. 48 USC 1681 note. is amended to read as follows: “As provided in section 602 of Public Law 94–241 (90 Stat. 263,270) the term ‘rebate of any taxes' shall, effective January 1, 1985, apply only to the extent taxes have actually been paid pursuant to section 601 of said Act, shall not exceed the amount of tax actually paid for any tax year, and may only be paid following the close of the tax year involved. Notwithstanding any other provision of law, effective Effective date. January 1, 1985, the Commonwealth of the Northern Mariana Islands shall maintain, as a matter of public record, the name and address of each person receiving such a rebate, together with the amount of the rebate, and the year for which such rebate was made.”.

4 of 4 references resolved to an enrolled provision