{"identifier":"/us/usc/t2/s1953","title_num":"2","num":"§ 1953.","heading":"Tax treatment of Fund","status":null,"guid":"idddd07e8f-0974-11f0-acfd-82f4bd9597b0","source_credit":"(Pub. L. 105–223, § 3, Aug. 7, 1998, 112 Stat. 1250.)","seq_in_title":1137,"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=\"id436d28bd-3b28-11eb-b57d-ac6ded64e2e5\" 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=\"id436d28be-3b28-11eb-b57d-ac6ded64e2e5\" 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=\"id436d28bf-3b28-11eb-b57d-ac6ded64e2e5\" 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=\"id436d28c0-3b28-11eb-b57d-ac6ded64e2e5\" 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=\"id436d28c1-3b28-11eb-b57d-ac6ded64e2e5\">(<ref href=\"/us/pl/105/223/s3\">Pub. L. 105–223, § 3</ref>, <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=\"id436d28c2-3b28-11eb-b57d-ac6ded64e2e5\">\n<note style=\"-uslm-lc:I74\" role=\"crossHeading\" topic=\"editorialNotes\" id=\"id436d28c3-3b28-11eb-b57d-ac6ded64e2e5\"><heading class=\"centered\"><b>Editorial Notes</b></heading></note>\n<note style=\"-uslm-lc:I76\" topic=\"codification\" id=\"id436d28c4-3b28-11eb-b57d-ac6ded64e2e5\"><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/s1\">Pub. L. 107–217, § 1</ref>, <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":"119-4","currency_date":"2025-03-15","congress":119,"law_num":4,"excluded_laws":[],"update_num":null,"seq":352,"is_partial":false,"caveat":null,"titles_affected":["01","02","05","06","07","08","14","16","18","20","22","42"],"ingested_titles":[]},"served_from":{"label":"119-4","currency_date":"2025-03-15","congress":119,"law_num":4,"excluded_laws":[],"update_num":null,"seq":352,"is_partial":false,"caveat":null,"titles_affected":["01","02","05","06","07","08","14","16","18","20","22","42"],"ingested_titles":[]},"content_first_seen":{"label":"116-214","currency_date":"2020-12-05","congress":116,"law_num":214,"excluded_laws":[],"update_num":null,"seq":218,"is_partial":false,"caveat":null,"titles_affected":["02","09","11a","15","16","18","18a","20","21","22","28a","31","37","38","39","40","41","51","52","54"],"ingested_titles":[]},"is_exact":true,"note":null}