26 U.S.C. § 4293 — Exemption for United States and posses-

Page 2966 TITLE 26—INTERNAL REVENUE CODE [§ 4292 Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 1970 AMENDMENT Amendment by Pub. L. 91–258 effective on July 1, 1970, see section 211(a) of Pub. L. 91–258, set out as a note under section 4041 of this title. EFFECTIVE DATE OF 1965 AMENDMENT Pub. L. 89–44, title VII, § 701(b)(1), June 21, 1965, 79 Stat. 156, provided that: ‘‘(A) The amendments made by sections 301 and 305 [repealing sections 4231 to 4234 and 4241 to 4243 of this title and amending this section and section 6040 of this title] insofar as they relate to the taxes imposed by section 4231 of the Code, shall apply with respect to ad- missions, services, or uses after noon, December 31, 1965. ‘‘(B) The amendments made by sections 301 and 305 insofar as they relate to the taxes imposed by section 4241 of the Code, shall apply with respect to— ‘‘(i) dues and membership fees attributable to peri- ods beginning on or after January 1, 1966; ‘‘(ii) initiation fees (other than initiation fees to which clause (iii) applies) and amounts paid for life memberships attributable to memberships beginning on or after January 1, 1966; ‘‘(iii) initiation fees paid on or after July 1, 1965, to a new club or organization which first makes its fa- cilities available to members on or after such date; and ‘‘(iv) in the case of amounts described in section 4243(b) of the Code, 3-year periods beginning on or after January 1, 1966.’’ EFFECTIVE DATE OF 1958 AMENDMENT Amendment by Pub. L. 85–859 effective on first day of first calendar quarter which begins more than 60 days after Sept. 2, 1958, see section 1(c) of Pub. L. 85–859, Sept. 2, 1958, 72 Stat. 1275. EFFECTIVE DATE OF 1956 AMENDMENT Amendment by act July 25, 1956, applicable to amounts paid on or after first day of first month which begins more than sixty days after July 25, 1956, for transportation commencing on or after such first day, see section 6 of act July 25, 1956, set out as a note under section 4261 of this title. [§ 4292. Repealed. Pub. L. 94–455, title XIX, § 1904(a)(9), Oct. 4, 1976, 90 Stat. 1812] Section, acts Aug. 16, 1954, ch. 736, 68A Stat. 511; June 30, 1958, Pub. L. 85–475, § 4(b)(3), 72 Stat. 260; May 21, 1970, Pub. L. 91–258, title II, § 205(a)(2), 84 Stat. 241, pro- vided tax exemption for any payment received for serv- ices or facilities furnished to any State, Territory, or political subdivision of such, or the District of Colum- bia. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF REPEAL Repeal effective on first day of first month which be- gins more than 90 days after Oct. 4, 1976, see section 1904(d) of Pub. L. 94–455, set out as an Effective Date of 1976 Amendment note under section 4041 of this title. § 4293. Exemption for United States and posses- sions The Secretary of the Treasury may authorize exemption from the taxes imposed by section 4041, section 4051, chapter 32 (other than the taxes imposed by sections 4064 and 4121) and sub- chapter B of chapter 33, as to any particular ar- ticle, or service or class of articles or services, to be purchased for the exclusive use of the United States, if he determines that the imposi- tion of such taxes with respect to such articles or services, or class of articles or services will cause substantial burden or expense which can be avoided by granting tax exemption and that full benefit of such exemption, if granted, will accrue to the United States. (Aug. 16, 1954, ch. 736, 68A Stat. 511; Pub. L. 91–258, title II, § 205(a)(3), May 21, 1970, 84 Stat. 241; Pub. L. 94–455, title XIX, § 1906(b)(13)(B), Oct. 4, 1976, 90 Stat. 1834; Pub. L. 95–227, § 2(b)(3), Feb. 10, 1978, 92 Stat. 12; Pub. L. 95–502, title II, § 202(b), Oct. 21, 1978, 92 Stat. 1697; Pub. L. 95–618, title II, § 201(c)(2), Nov. 9, 1978, 92 Stat. 3184; Pub. L. 100–647, title VI, § 6103(a), Nov. 10, 1988, 102 Stat. 3711; Pub. L. 101–508, title XI, § 11221(c), Nov. 5, 1990, 104 Stat. 1388–444; Pub. L. 113–295, div. A, title II, § 221(a)(103)(B)(iii), Dec. 19, 2014, 128 Stat. 4053.) Editorial Notes AMENDMENTS 2014—Pub. L. 113–295 struck out ‘‘subchapter A of chapter 31,’’ after ‘‘imposed by’’. 1990—Pub. L. 101–508 inserted ‘‘subchapter A of chap- ter 31,’’ before ‘‘section 4041’’. 1988—Pub. L. 100–647 inserted reference to section 4051 of this title. 1978—Pub. L. 95–618 substituted ‘‘taxes imposed by sections 4064 and 4121’’ for ‘‘tax imposed by section 4121’’. Pub. L. 95–502 substituted ‘‘section 4041, chapter 32’’ for ‘‘chapters 31 and 32’’. Pub. L. 95–227 inserted ‘‘(other than the tax imposed by section 4121)’’ after ‘‘chapters 31 and 32’’. 1976—Pub. L. 94–455 substituted ‘‘Secretary of the Treasury’’ for ‘‘Secretary’’ after ‘‘The’’. 1970—Pub. L. 91–258 substituted ‘‘subchapter B’’ for ‘‘subchapters B and C’’. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 2014 AMENDMENT Amendment by Pub. L. 113–295 effective Dec. 19, 2014, subject to a savings provision, see section 221(b) of Pub. L. 113–295, set out as a note under section 1 of this title. EFFECTIVE DATE OF 1990 AMENDMENT Amendment by Pub. L. 101–508 effective Jan. 1, 1991, with exception for contracts binding on Sept. 30, 1990, and at all times thereafter, see section 11221(f) of Pub. L. 101–508, set out as a note under section 4221 of this title. EFFECTIVE DATE OF 1988 AMENDMENT Pub. L. 100–647, title VI, § 6103(b), Nov. 10, 1988, 102 Stat. 3711, provided that: ‘‘The amendment made by subsection (a) [amending this section] shall take effect on the date of the enactment of this Act [Nov. 10, 1988].’’ EFFECTIVE DATE OF 1978 AMENDMENTS Amendment by Pub. L. 95–618 applicable with respect to 1980 and later model year automobiles, see section 201(g) of Pub. L. 95–618, set out as an Effective Date note under section 4064 of this title. Amendment by Pub. L. 95–502 effective Oct. 1, 1980, see section 202(d) of Pub. L. 95–502, set out as an Effec- tive Date note under section 4042 of this title. Amendment by Pub. L. 95–227 applicable with respect to sales after Mar. 31, 1978, see section 2(d) of Pub. L. 95–227, set out as an Effective Date note under section 4121 of this title. EFFECTIVE DATE OF 1976 AMENDMENT Amendment by Pub. L. 94–455 effective on first day of first month which begins more than 90 days after Oct. Page 2967 TITLE 26—INTERNAL REVENUE CODE [§§ 4294, 4295 1 Section numbers editorially supplied. 4, 1976, see section 1906(d) of Pub. L. 94–455, set out as a note under section 6013 of this title. EFFECTIVE DATE OF 1970 AMENDMENT Amendment by Pub. L. 91–258 effective July 1, 1970, see section 211(a) of Pub. L. 91–258, set out as a note under section 4041 of this title. [§§ 4294, 4295. Repealed. Pub. L. 94–455, title XIX, § 1904(a)(10), (11), Oct. 4, 1976, 90 Stat. 1812] Section 4294, added Pub. L. 85–859, title I, § 135(a), Sept. 2, 1958, 72 Stat. 1292; amended Pub. L. 86–344, § 2(d), Sept. 21, 1959, 73 Stat. 618; Pub. L. 91–72, title I, § 101(j)(28), Dec. 30, 1969, 83 Stat. 529; Pub. L. 91–258, title II, § 205(a)(4), May 21, 1970, 84 Stat. 241, provided an ex- emption from tax for services and facilities furnished to a nonprofit educational organization and defined ‘‘nonprofit educational organization’’. Section 4295, act Aug. 16, 1954, ch. 736, 68A Stat. 511, § 4295, formerly § 4294, renumbered Sept. 2, 1958, Pub. L. 85–859, title I, § 135(a), 72 Stat. 1292, related to a cross reference to general administrative provisions. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF REPEAL Repeal effective on first day of first month which be- gins more than 90 days after Oct. 4, 1976, see section 1904(d) of Pub. L. 94–455, set out as an Effective Date of 1976 Amendment note under section 4041 of this title. CHAPTER 34—TAXES ON CERTAIN INSURANCE POLICIES Subchapter Sec.1 A. Policies issued by foreign insurers ........ 4371 B. Insured and self-insured health plans .... 4375 Editorial Notes PRIOR PROVISIONS The provisions of a prior chapter 34, Documentary Stamp Taxes, were set out as: Subchapter A, Issuance of capital stock and certifi- cates of indebtedness by a corporation, comprising sections 4301 to 4305 and 4311 to 4316. Subchapter B, Sale or transfers of capital stock and certificates of indebtedness of a corporation, com- prising sections 4321 to 4324, 4331 to 4333, 4341 to 4345, and 4351 to 4354. Subchapter C, Conveyances, comprising sections 4361 to 4363. Subchapter D, Policies issued by foreign insurers, comprising sections 4371 to 4375. Subchapter E, Miscellaneous provisions applicable to documentary stamp taxes, comprising sections 4381 to 4384. Subchapters A and B were repealed by Pub. L. 89–44, title IV, § 401(a), June 21, 1965, 79 Stat. 148. Subchapter C was struck out by Pub. L. 94–455, title XIX, § 1904(a)(12), Oct. 4, 1976, 90 Stat. 1812. Subchapter D heading was struck out, sections 4371 to 4373 were reenacted without change, section 4374, ‘‘li- ability for tax’’, was substituted for section 4374, ‘‘pay- ment of tax’’, and section 4375 was struck out by Pub. L. 94–455, title XIX, § 1904(a)(12). Subchapter E, section 4381 was repealed by Pub. L. 89–44, title IV, § 401(c), June 21, 1965, 79 Stat. 148, and sections 4382 to 4384 were struck out by Pub. L. 94–455, title XIX, § 1904(a)(12), Oct. 4, 1976, 90 Stat. 1812. The subject matter of the prior sections was as fol- lows: A prior section 4301, acts Aug. 16, 1954, ch. 736, 68A Stat. 513; Sept. 2, 1958, Pub. L. 85–859, title I, § 141(a), 72 Stat. 1293; Apr. 8, 1960, Pub. L. 86–416, § 1, 74 Stat. 36, im- posed a tax, based upon the actual value of the certifi- cates or shares, upon each original issue of shares or certificates of stock issued by a corporation. A prior section 4302, acts Aug. 16, 1954, ch. 736, 68A Stat. 513; Sept. 2, 1958, Pub. L. 85–859, title I, § 141(a), 72 Stat. 1293, made provision for a determination of tax in the case of recapitalization. A prior section 4303, acts Aug. 16, 1954, ch. 736, 68A Stat. 514; Sept. 2, 1958, Pub. L. 85–859, title I, § 141(a), 72 Stat. 1293, granted exemptions for common trust funds, pooled investment funds, and installment purchases of certain shares or certificates, and directed attention to section 4382 for other exemptions. A prior section 4304, acts Aug. 16, 1954, ch. 736, 68A Stat. 514; Sept. 2, 1958, Pub. L. 85–859, title I, § 141(a), 72 Stat. 1294, called for the affixing of the stamps rep- resenting the tax imposed by section 4301 upon the stock books or corresponding records of the corpora- tion. A prior section 4305, acts Aug. 16, 1954, ch. 736, 68A Stat. 514; Sept. 2, 1958, Pub. L. 85–859, title I, § 141(a), 72 Stat. 1294, made cross-references to sections 4381 and 4384 and subtitle F. A prior section 4311, acts Aug. 16, 1954, ch. 736, 68A Stat. 514; Sept. 2, 1958, Pub. L. 85–859, title I, § 141(a), 72 Stat. 1294, imposed a tax on all certificates of indebted- ness issued by a corporation. A prior section 4312, acts Aug. 16, 1954, ch. 736, 68A Stat. 514, § 4312, formerly § 4313; renumbered § 4312, Sept. 2, 1958, Pub. L. 85–859, title I, § 141(a), 72 Stat. 1294, pro- vided that every renewal of any certificate of indebted- ness should be taxed as a new issue. A prior section 4313, acts Aug. 16, 1954, ch. 736, 68A Stat. 514, § 4313, formerly § 4314; renumbered § 4313, Sept. 2, 1958, Pub. L. 85–859, title I, § 141(a), 72 Stat. 1294, pro- vided for the method of determining the rate of tax- ation in the case of a bond conditioned for the repay- ment of money and given in a penal sum greater than the debt secured. A prior section 4314, acts Aug. 16, 1954, ch. 736, 68A Stat. 514, § 4314, formerly § 4315; renumbered § 4314, Sept. 2, 1958, Pub. L. 85–859, title I, § 141(a), 72 Stat. 1294, granted an exemption to instruments under the terms of which the obligee was required to make installment payments of not more than 20 percent annually, and made reference to section 4382 for other exemptions. A prior section 4315, acts Aug. 16, 1954, ch. 736, 68A Stat. 514, § 4315, formerly § 4316; renumbered § 4315 and amended Sept. 2, 1958, Pub. L. 85–859, title I, § 141(a), 72 Stat. 1294, made cross references to sections 4381 and 4384 and subtitle F. A prior section 4321, acts Aug. 16, 1954, ch. 736, 68A Stat. 515; Sept. 2, 1958, Pub. L. 85–859, title I, § 141(a), 72 Stat. 1295; Sept. 21, 1959, Pub. L. 86–344, § 5(a), 73 Stat. 619, imposed a tax upon the sale or transfer of shares or certificates of stock or of rights to subscribe to receive such shares or certificates issued by a corporation. A prior section 4322, acts Aug. 16, 1954, ch. 736, 68A Stat. 515; Sept. 2, 1958, Pub. L. 85–859, title I, § 141(a), 72 Stat. 1295, granted exemptions in the case of sales by brokers or registered nominees and in the case of odd lot sales. A prior section 4323, acts Aug. 16, 1954, ch. 736, 68A Stat. 516; Sept. 2, 1958, Pub. L. 85–859, title I, § 141(a), 72 Stat. 1296; Sept. 21, 1959, Pub. L. 86–344, § 5(b), 73 Stat. 619, called for the affixing of the stamps representing the tax upon the books of the corporation and the cer- tification of the actual value of the shares transferred, and made reference to section 4352 in the case of trans- fers shown otherwise than by the books of the corpora- tion. A prior section 4324, acts Aug. 16, 1954, ch. 736, 68A Stat. 516; Sept. 2, 1958, Pub. L. 85–859, title I, § 141(a), 72 Stat. 1296, made cross references to other sections and subtitles for definitions, penalties, and other general and administrative provisions. A prior section 4331, acts Aug. 16, 1954, ch. 736, 68A Stat. 516; Sept. 2, 1958, Pub. L. 85–859, title I, § 141(a), 72 Stat. 1296, imposed a tax upon each sale or transfer of any certificate of indebtedness issued by a corporation.