2002 U.S. Code
Title 2 - THE CONGRESS
CHAPTER 29 - CAPITOL POLICE
SUBCHAPTER I - ORGANIZATION AND ADMINISTRATION
Part D - United States Capitol Police Memorial Fund
Sec. 1953 - Tax treatment of Fund
View Metadata| Publication Title | United States Code, 2000 Edition, Supplement 2, Title 2 - THE CONGRESS |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 2 - THE CONGRESS CHAPTER 29 - CAPITOL POLICE SUBCHAPTER I - ORGANIZATION AND ADMINISTRATION Part D - United States Capitol Police Memorial Fund Sec. 1953 - Tax treatment of Fund |
| Contains | section 1953 |
| Date | 2002 |
| Laws in Effect as of Date | January 6, 2003 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 105-223, §3, Aug. 7, 1998, 112 Stat. 1250. |
| Statutes at Large References | 112 Stat. 1250 116 Stat. 1062 |
| Public Law References | Public Law 105-223, Public Law 107-217 |
§1953. 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.)
CodificationSection was classified to section 207c–2 of former Title 40, prior to the enactment of Title 40, Public Buildings, Property, and Works, by Pub. L. 107–217, §1, Aug. 21, 2002, 116 Stat. 1062.
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