2001 U.S. Code
Title 40 - PUBLIC BUILDINGS, PROPERTY, AND WORKS
CHAPTER 2 - CAPITOL BUILDING AND GROUNDS
Sec. 207c-2 - Tax treatment of Fund
View Metadata| Publication Title | United States Code, 2000 Edition, Supplement 1, Title 40 - PUBLIC BUILDINGS, PROPERTY, AND WORKS |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 40 - PUBLIC BUILDINGS, PROPERTY, AND WORKS CHAPTER 2 - CAPITOL BUILDING AND GROUNDS Sec. 207c-2 - Tax treatment of Fund |
| Contains | section 207c-2 |
| Date | 2001 |
| Laws in Effect as of Date | January 22, 2002 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 105-223, §3, Aug. 7, 1998, 112 Stat. 1250. |
| Statutes at Large Reference | 112 Stat. 1250 |
| Public Law Reference | Public Law 105-223 |
§207c–2. Tax treatment of Fund (a) Contributions to Fund
For purposes of title 26, any contribution or gift to or for the use of the Fund shall be treated as a contribution or gift for exclusively public purposes to or for the use of an organization described in section 170(c)(1) of title 26.
(b) Treatment of payments from FundAny payment from the Fund shall not be subject to any Federal, State, or local income or gift tax.
(c) ExemptionFor purposes of title 26, notwithstanding section 501(c)(1)(A) of title 26, the Fund shall be treated as described in section 501(c)(1) of title 26 and exempt from tax under section 501(a) of title 26.
(Pub. L. 105–223, §3, Aug. 7, 1998, 112 Stat. 1250.)
Section Referred to in Other SectionsThis section is referred to in section 207c of this title.
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