US Laws, Codes, Statutes & Cases

From the U.S. Code Online via GPO Access
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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: 2USC161]

 
                          TITLE 2--THE CONGRESS
 
                     CHAPTER 5--LIBRARY OF CONGRESS
 
Sec. 161. Tax exemption of gifts, etc., to Library of Congress

    Gifts or bequests or devises to or for the benefit of the Library of 
Congress, including those to the board, and the income therefrom, shall 
be exempt from all Federal taxes, including all taxes levied by the 
District of Columbia.

(Mar. 3, 1925, ch. 423, Sec. 5, 43 Stat. 1108; Oct. 2, 1942, ch. 576, 56 
Stat. 765.)


                               Amendments

    1942--Act Oct. 2, 1942, included devises in the exemptions, and 
exempted gifts, bequests and devises, and the income therefrom, from 
taxes levied by the District of Columbia.

                  Section Referred to in Other Sections

    This section is referred to in section 160 of this title; title 26 
section 2055.