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[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 15USC1523]

 
                      TITLE 15--COMMERCE AND TRADE
 
                   CHAPTER 40--DEPARTMENT OF COMMERCE
 
Sec. 1523. Tax status of gifts and bequests of property

    For the purpose of Federal income, estate, and gift taxes, property 
accepted under section 1522 of this title shall be considered as a gift 
or bequest to or for the use of the United States.

(Pub. L. 88-611, Sec. 2, Oct. 2, 1964, 78 Stat. 991.)

                          Codification

    Section was formerly classified to section 608b of Title 5 prior to 
the general revision and enactment of Title 5, Government Organization 
and Employees, by Pub. L. 89-554, Sec. 1, Sept. 6, 1966, 80 Stat. 378.