60-448

LEGISLATIVE HISTORY

OF THE

INTERNAL REVENUE CODE OF 1954

COVERING ALL CHANGES MADE IN THE CODE

FROM

THE DATE OF ITS ENACTMENT ON AUGUST 16, 1954,

TO

THE END OF THE FIRST SESSION OF THE

89TH CONGRESS IN 1965-

TOGETHER WITH

EFFECTIVE DATES AND APPLICABILITY
PERTINENT ANCILLARY PROVISIONS
EXPLANATORY AND HISTORICAL NOTES
TABLES AND APPENDIXES

AND

A CUMULATIVE SUPPLEMENT

PREPARED FOR

THE JOINT COMMITTEE ON INTERNAL REVENUE
TAXATION

UNITED STATES

GOVERNMENT PRINTING OFFICE

WASHINGTON : 1967

JOINT COMMITTEE ON INTERNAL REVENUE TAXATION (90th Congress, 1st Session)

CONTENTS

Letter of transmittal

Introduction..........

Amendments, repeals, ancillary provisions.
Tables.....
Appendixes.

ERRATA

P. 61, line 2: "1962" instead of "1964".
P. 103, line 2: "1964" instead of "1958".
P. 135, line 1: "217" instead of “214”.
P. 207. line 2: "1964" instead of "1960".
P. 344, line 2: "1962" instead of "1964".

P. 503, line 2: "added" instead of "revised".

P. 507, line 2: delete "(4), (5)-Continued".

P. 703, n. 479, line 2: "(68A Stat. 485)" instead of "(68A Stat. 487)".

P. 718, line 2: "1955" instead of "1958".

P. 829, line 2: "1954" instead of "1959".

P. 842, line 1: insert "D III" after "SEC. 39".

P. 866, line 2: "added" instead of "revised".

P. 940, SEC. 5701, under "(c) (1)" in column 1: "(date changed)" instead of
"(date change".

P. 1054, line 2: "1954" instead of “1958”.

Page

V

VII

1

1205

1261

III

JOINT COMMITTEE ON INTERNAL REVENUE TAXATION
(90th Congress, 1st Session)

HOUSE OF REPRESENTATIVES
WILBUR D. MILLS, Arkansas, Chairman
CECIL R. KING, California
HALE BOGGS, Louisiana
JOHN W. BYRNES, Wisconsin
THOMAS B. CURTIS, Missouri

SENATE

RUSSELL B. LONG, Louisiana, Vice Chairman
GEORGE A, SMATHERS, Florida

CLINTON P. ANDERSON, New Mexico
JOHN J. WILLIAMS, Delaware
FRANK CARLSON, Kansas

LAURENCE N. WOODWORTH, Chief of Staff
LINCOLN ARNOLD, Assistant Chief of Staff