{"identifier":"/us/usc/t2/s1953","title_num":"2","num":"§ 1953.","heading":"Tax treatment of Fund","status":null,"guid":"idd201b887-7dda-11e7-999a-a10f27f1d75c","source_credit":"(Pub. L. 105–223, § 3, Aug. 7, 1998, 112 Stat. 1250.)","seq_in_title":1117,"parent_identifier":"/us/usc/t2/ch29/schI/ptD","ancestors":[{"identifier":"/us/usc/t2","level":"title","num":"Title 2—","heading":"THE CONGRESS","status":null,"is_section":false},{"identifier":"/us/usc/t2/ch29","level":"chapter","num":"CHAPTER 29—","heading":"CAPITOL POLICE","status":null,"is_section":false},{"identifier":"/us/usc/t2/ch29/schI","level":"subchapter","num":"SUBCHAPTER I—","heading":"ORGANIZATION AND ADMINISTRATION","status":null,"is_section":false},{"identifier":"/us/usc/t2/ch29/schI/ptD","level":"part","num":"Part D—","heading":"United States Capitol Police Memorial Fund","status":null,"is_section":false}],"xml":"<section xmlns=\"http://xml.house.gov/schemas/uslm/1.0\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\" xmlns:dc=\"http://purl.org/dc/elements/1.1/\" xmlns:dcterms=\"http://purl.org/dc/terms/\" style=\"-uslm-lc:I80\" id=\"id5d6f599c-ec38-11e5-89e9-afe61b29b17d\" identifier=\"/us/usc/t2/s1953\"><num value=\"1953\">§ 1953.</num><heading> Tax treatment of Fund</heading><subsection style=\"-uslm-lc:I19\" class=\"indent2 firstIndent-2\" id=\"id5d71c99d-ec38-11e5-89e9-afe61b29b17d\" identifier=\"/us/usc/t2/s1953/a\"><num value=\"a\" class=\"bold\">(a)</num><heading class=\"bold\"> Contributions to Fund</heading><content><p style=\"-uslm-lc:I11\" class=\"indent0\">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 <ref href=\"/us/usc/t26/s170/c/1\">section 170(c)(1) of title 26</ref>.</p>\n</content>\n</subsection>\n<subsection style=\"-uslm-lc:I19\" class=\"indent2 firstIndent-2\" id=\"id5d71c99e-ec38-11e5-89e9-afe61b29b17d\" identifier=\"/us/usc/t2/s1953/b\"><num value=\"b\" class=\"bold\">(b)</num><heading class=\"bold\"> Treatment of payments from Fund</heading><content><p style=\"-uslm-lc:I11\" class=\"indent0\">Any payment from the Fund shall not be subject to any Federal, State, or local income or gift tax.</p>\n</content>\n</subsection>\n<subsection style=\"-uslm-lc:I19\" class=\"indent2 firstIndent-2\" id=\"id5d71c99f-ec38-11e5-89e9-afe61b29b17d\" identifier=\"/us/usc/t2/s1953/c\"><num value=\"c\" class=\"bold\">(c)</num><heading class=\"bold\"> Exemption</heading><content><p style=\"-uslm-lc:I11\" class=\"indent0\">For purposes of title 26, notwithstanding <ref href=\"/us/usc/t26/s501/c/1/A\">section 501(c)(1)(A) of title 26</ref>, the Fund shall be treated as described in <ref href=\"/us/usc/t26/s501/c/1\">section 501(c)(1) of title 26</ref> and exempt from tax under <ref href=\"/us/usc/t26/s501/a\">section 501(a) of title 26</ref>.</p>\n</content>\n</subsection>\n<sourceCredit id=\"id5d71c9a0-ec38-11e5-89e9-afe61b29b17d\">(<ref href=\"/us/pl/105/223\">Pub. L. 105–223</ref>, § 3, <date date=\"1998-08-07\">Aug. 7, 1998</date>, <ref href=\"/us/stat/112/1250\">112 Stat. 1250</ref>.)</sourceCredit>\n<notes type=\"uscNote\" id=\"id5d71c9a1-ec38-11e5-89e9-afe61b29b17d\">\n<note style=\"-uslm-lc:I76\" topic=\"codification\" id=\"id5d71c9a2-ec38-11e5-89e9-afe61b29b17d\"><heading class=\"centered smallCaps\">Codification</heading>\n<p style=\"-uslm-lc:I21\" class=\"indent0\">Section was classified to section 207c–2 of former Title 40, prior to the enactment of Title 40, Public Buildings, Property, and Works, by <ref href=\"/us/pl/107/217\">Pub. L. 107–217</ref>, § 1, <date date=\"2002-08-21\">Aug. 21, 2002</date>, <ref href=\"/us/stat/116/1062\">116 Stat. 1062</ref>.</p>\n</note>\n</notes>\n</section>","provision":null,"duplicates":[],"release":{"label":"115-45","currency_date":"2017-08-04","congress":115,"law_num":45,"excluded_laws":[],"update_num":null,"seq":106,"is_partial":false,"caveat":null,"titles_affected":["02","09","11","11a","12","13","14","17","18a","22","31","33","50"],"ingested_titles":[]},"served_from":{"label":"115-45","currency_date":"2017-08-04","congress":115,"law_num":45,"excluded_laws":[],"update_num":null,"seq":106,"is_partial":false,"caveat":null,"titles_affected":["02","09","11","11a","12","13","14","17","18a","22","31","33","50"],"ingested_titles":[]},"content_first_seen":{"label":"114-115","currency_date":"2015-12-28","congress":114,"law_num":115,"excluded_laws":[],"update_num":null,"seq":62,"is_partial":false,"caveat":null,"titles_affected":["02","07","08","10","15","20","21","23","25","26","29","31","40","42","47","49","50"],"ingested_titles":[]},"is_exact":true,"note":null}