Page:United States Statutes at Large Volume 44 Part 1.djvu/2038

 §1`2i74 T12·1.1a .26.-———1NTER Means or the (‘ommittee on Finance, and to submit anyrelcvant or useful ·iuformation thus- obtained to the .Senate,~the House of Representatives, the Committee on .\Vays and Means, or the (`(»lHl}}ltt(’t‘ on Finance. The Committee on Waysand. Means or the Committee on Finance Ill8}"°SUbll1it such information to' the House or to the Senate, or to both the House and the Senate. asthe case may? be. · 5 _ _ _ _ . · (el The Joint Committee shall meet and organize as. soon as ` practieable after at least a majority of the- members have been chosen, and shall elect a chairman and vice chairman from among its members and shall have power to appoint and fix ’ the compensation of a clerk Sand such - experts and clericgal, stenographic. and other assistants, as it deems advisable. . . (fl The Joint Committee, or any subcommittee thereof, is authorized to hold hearings and to sit and act at such places " and times, to require. by subpoena or otherwise the attendance of sueh - witnesses and the production of such books, papers, and documents, to administer such oaths, to take. such testimony, hto have such printing and binding done, and to make such expenditures, as it deems advisable. The cost of stenographic services in reporting such hearings shall not be in excess of % cents per, hundred words. _Subpoenas for witnesses » shall be issued under the signature of the chairman. or vice chairman. A * ‘ · ~ _ _ · (gl The members shall serve without compensation in addi·` tion to that received for .their_·services asmembers ot Congress; l but they shall be reimbursed for travel, subsistence, and other sary expenses. incurred by` them in the performance of the;

?.\’4L REl'1~}Nl,'E ‘ 2024 (MES vésteav in the Joint Comniittee other than expenses in connection with meetings of the·Join_t Committee in the District of Columbia during such times as the Congress is. in sessioni . ° (11) The expensesof the Joint Committee shall be paid onehalf from ··the,contingent, fund of the Senate and one-half from the contingent fund of the House of Representatives, upon vouchers signecl by the chairman orvice chairman. . (Feb. 2a_ 1926, c. 27, § 1293, 44 Stat. 127.) ‘ _ ·` New_ section. ‘ ‘ )_ 12*15. Computationof invested capital.-—'l`he connputation or invested. capital for any taxable year under the Revenue Act of 1917. the Revenue Act of 1918, andthe Revenue Act of 1921. shall befconsidered as having been, correctly` made. so far as relating to theinclusion in invested- capital for such year ot income, war-proiits, or excess-profits taxes for the precedins; year, if made in accordance with the regulations in force in respects of suclr taxable year applicable to the relationship between invested capital of one year and taxes for the preceding year. (Feb.·26, 1926, c. 27, § 1207, 44 Stat. 129.) _ I .New‘section. ’ · i. ' 1276. Efective date of Act.—-Except; as otherwise_;>roviele·<l, this Act" shall take effect upon its- enactment. ·( Feb. 26. 1921:, e. 2*1, 5 12141, 44 sm. 131. ) -  4 . New section. `. · _ ° . drithis Act," herein referred to, constitutes this title of tbeappen-