Chapter 441. To amend section 1 of the Act of May 12, 1900 (chapter 393, Thirty-first Statutes, page 177), as amended (United States Code, section 1174, chapter 21, title 26)
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CHAP. 441.— An Act To amend section 1 of the Act of May 12, 1900 (chapter 393, Thirty-first Statutes, page 177), as amended (United States Code, section 1174, chapter 21, title 26). March 3, 1931.[[H. R. 10658](/us/bill/71/hr/10658).][[Public, No. 828](/us/pl/71/828).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, Internal revenue stamps.Vol. 31, p. 177, amended.[U. S. C., p. 843](/us/usc/p843). That section 1 of the Act entitled “An Act authorizing the Commissioner of Internal Revenue to redeem or make allowance for internal-revenue stamps,” approved May 12, 1900 (chapter 393, Thirty-first Statutes, page 177), as amended (United States Code, section 1174, chapter 21, title 26), be, and the same is hereby, amended by adding at the close Redemption of, if affixed to tobacco and products, when withdrawn from market.thereof the following:
“ *And provided further*, That internal-revenue stamps affixed to packages of tobacco, snuff, cigars, or cigarettes which, after removal from factory or customhouse for consumption or sale, the manufacturer or importer withdraws from the market, Regulations to be prescribed.may, under regulations prescribed by the Commissioner of Internal Revenue with the approval of the Secretary of the Treasury, be redeemed if issued after December 31, 1931, and if claim for their redemption is presented by the manufacturer or importer within three years after the year of issue as indicated by the number or 1511symbol printed thereon by the Government, irrespective of the date of their purchase.
Beginning with the year 1933, stamps of anySales and use of stamps. issue shall not be sold until those of the previous year’s issue have been disposed of or later than one year after the year of issue.” Approved, March 3, 1931.