Page:United States Statutes at Large Volume 70.djvu/72

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68A Stat. 59. 26 USC 170.

68A Stat. 390. 26 USC 2055.

Period of limitation.

53 Stat. 91.

PUBLIC LAW 409-FEB. 15, 1956

Y u m a auxiliary project, Ariz.

ST A T.

(1) in the case of a taxpayer who has not died at the time the refund is made, that the amount of such refund is to be paid forthwith as a charitable contribution (as defined in section 170(c) of the Internal Revenue Code of 1954), or (2) in the case of a taxpayer who has died at the time the refund is made, that (A) an amount equal to the amount of the refund, under the terms of the decedent's will, will be transferred to any person or organization described in section 2055 of the Internal Revenue Code of 1954, and (B) an amount equal to the amount of such transfer is deductible from the value of the gross estate under such section or the corresponding provisions of the Internal Revenue Code of 1939. No interest shall be paid upon any overpayment resulting from the amendment made by the first section of this Act. (c) The amount of any refund made under this Act, and the payment or transfer of such amount as described in paragraph (1) or (2) of subsection (b), shall not be taken into account in determining any liability of the taxpayer or his estate for income tax or estate tax under the Federal income tax and estate tax laws. (d) If a claim for refund relates to an overpayment on account of the amendment made by the first section of this Act, in lieu of the three-year period of limitation prescribed in section 322(b)(1) of the Internal Revenue Code of 1939, the period shall be seven years from the date prescribed by law for filing the return for the year with respect to which the claim is made. I n the case of a claim described in this subsection, the amount of the refund may exceed the portion of the tax paid within the period prescribed in paragraph (2) or (3), whichever is applicable of section 322(b) of such code, to the extent of the amount of the overpayment attributable to the amendment made by the first section of this Act. Approved February 15, 1956. Public Law 409

February 15, 1956 [S. 1683]

[70

CHAPTER 37

AN ACT To amend the Act of June 13, 1949 (03 Stat. 172), and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembledj That the boundaries of the Yuma auxiliary project, Arizona, as limited by the Act of June 13, 1949 (63 Stat. 172), are modified so as to exclude therefrom the following lands, containing two hundred eighty-five and thirteen one-hundredths irrigable acres more or less, and located in Yuma (\)unty, Arizona: TOWNSHIP 1 (t SOUTH, RANGE 12.S WEST, GILA AND SALT KIVER BASE AND MERmiAN

Section 6: Southwest quarter northeast quarter northwest quarter, west half northwest quarter southeast quarter northwest quarter, west half east half northwest quarter southeast quarter northwest quarter, southwest quarter southeast quarter northwest quarter, southwest quarter northwest quarter, northwest quarter southwest quarter. Section 7: Southwest quarter northeast quarter northwest quarter, northwest quarter northwest quarter, northwest quarter southeast quarter northwest quarter, north half southwest quarter northwest quarter, southwest quarter southwest quarter northwest quarter,

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