Page:United States Statutes at Large Volume 48 Part 1.djvu/1303

 73d C ONGRESS. SESS. II. CH. 866. JUNE 28, 1934. any type of tobacco, holds for sale (or use in the manufacture or production of an article intended for sale) any tobacco of such type harvested prior to the crop year 19 34-1 935 shall cause such tobacco to be tagged, stamped, or otherwise identified as tax-exempt tobacco. SEC. 5. (a) In ad dition to re ntal o r bene fit pay ments which under any provision of existing law the Secretary of Agriculture is author- ized to make in connection with agreements with producers providing for reduction in the acreage or reduction in the production for market, or both, of any basic agricultural commodity, the Secretary of Agriculture is hereby authorized and directed to issue (in each crop year wherein any type of tobacco is harvested to which the tax is applicable) to each contracting producer nontransferable tax-pay- ment warrants (each such warrant to be expressed in pounds of tobacco of a particular type). Upon surrender of any warrant by any contracting producer to the collector, it shall be accepted by the collect or and the S ecreta ry of the Tr easury in pay ment o f the tax on any sale by such contracting producer of the type of tobacco specified in the warrant not exceeding in amount the amount of tobacco cov- ered by such warrant. Any contracting producer shall be entitled to re ceive such war rants cove ring amou nts o f any typ e of tobac co produced by him equal (1) to the number of pounds of tobacco of such type which suc h con tract ing produ cer i s per mitt ed to mark et under any agreement between him and the Secretary of Agriculture, or (2) to the number of pounds of tobacco of such type which the Secretary of Agriculture estimates may be produced on a percentage of a base acreage, which percentage and base acreage shall be deter- mined as provided in any agreement between the Secretary of Agriculture and such contracting producer. (b) The Secretary of Agriculture may issue in any county further warrants, covering an amount of tobacco of any type not in excess of 6 per centum of the amount of tobacco of such type covered by the war rants issued to al l cont ractin g produ cers i n such count y, to persons engaged in the production of tobacco of such type in such county as to whom t he Sec retary deter mines t hat no equit able a llot- ment of to bacco acr eage or pr oduc tion is po ssibl e un der t obacc o- reducti on con tracts offer ed pur suant to the Agricu ltural Adjus tment Act : Prov ided, That warrants covering two-thirds of the amount of tobacco allotted under this subsection in any county shall be issued to growers whose allotments are 1,500 pounds or less. Warrants issued under this s ubsect ion sh all be accept ed by the co llecto r and the Sec retary of th e Trea sury, upon s urrende r ther eof by the p erson to whom issued, in payment of the tax on any sale by such person of the type of tobacco specified in the warrant not - exceeding in amount the amount of tobacco covered by such warrant. (c) Upon application therefor, the warrants provided for by subsect ions ( a) and (b) o f this secti on may be iss ued by the S ecre- tary of Agriculture, or his duly authorized agent, in such manner, at such time or times, at such place or places, and in such form as the Secretary of Agriculture may prescribe. (d) Any tax-payment warrant erroneously issued shall be void upon demand in writing for its return made by the Secretary of Agriculture to the person to whom such warrant was issued. (e) The right to a tax-payment warrant under this section shall be evidenced in such manner as the Secretary of Agriculture may by regulations prescribe. (f) The Secretary of Agriculture may make regulations protect- ing the interests of share-croppers and tenants in the issuance of tax-payment warrants under this Act. Nontransferable tax- payment warrants. Issue of, to contract- iingd producer, author- Surrender of, to be ac eepted in p ayment of sales tax. Limit atio n. 1277 Terms of warrant. Pounds permitted. Percentage basis. County warra nts. Ante, p. 34 . Proviso Iss ue of, to li mited growers . Acceptance, up on s urren der in payment of sales tax. Manner, etc ., of issu. ing warrants. Erroneous issue. Evidence of right. Protection of share croppers, etc.