Page:United States Statutes at Large Volume 71.djvu/45

 71 S T A T. ]

PUBLIC LAW 85-12-MAR. 29, 1957

SEC. 3. The conveyance shall be on the express condition that the Territory of Alaska will grant to the United States without charge for such period or periods as may be necessary as determined by the Secretary of the Army the use of approximately 4,050 square leet of open storage area presently occupied by the Alaska Communication System together with rights of ingress and egress and rights-of-way for water lines, sewer lines, telephone and telegraph lines, power lines, and other utilities. Approved March 28, 1957.

Condition.

Public Law 85-12 AN ACT To provide a fifteen-month extension of the existing corporate normal-tax rate and of certain excise-tax rates.

March 29„ 1957 [H. R. 4090]

Be it enacted by the Senate and House of Representatives of the TaxRat« Exten* United States of America in Congress assembled, That this Act may sion Act of 1957. be cited as the "Tax Rate Extension Act of 1957". SEC.

2. F I F T E E N - M O N THE X T E N S I O N O F NORMAL-TAX R A T E.

CORPORATE

Section 11(b) (relating to corporate normal tax), section 821 (a)(1)(A) (relating to mutual insurance companies other than interinsurers), and section 821(b)(1) (relating to interinsurers) of the Internal Revenue Code of 1954 are amended as follows: (1) By striking out "APRIL i, 1957" each place it appears and inserting in lieu thereof " J U L Y 1,195S"; (2) By striking out "April 1, 1957" each place it appears and inserting in lieu thereof "July 1, 1958"; (3) By striking out "MARCH 31, 1957" each place it appears and inserting in lieu thereof " J U N E 30, lOos"; (4) By striking out "March 31, 1957" each place it appears and inserting in lieu thereof "June 30, 1958". SEC.

3. F I F T E E N - M O N THE X T E N S I O N E X C I S E TAX R A T E S.

OF

70 Stat. 66. 26 USC U, 821.

CERTAIN

(a) ExTExsioN OF RATES,—The following provisions of the Internal 26 Revenue Code of 1954 are amended by striking out "April 1, 1957" 570 1, u s e 40 6 1paaaim. each place it appears and inserting in lieu thereof "July 1, 1958"— (1) section 4061 (relating to motor vehicles); (2) section 5001(a)(1) (relating to distilled spirits); (3) section 5001(a)(3) (relating to imported perfumes containing distilled spirits); (4) section 5022 (relating to cordials and liqueurs containing wine); (5) section 5041(b) (relating to wines); (6) section 5051(a) (relating to beer); and (7) section 5701(c)(1) (relating to cigarettes). (b) TECHNICAL AMENDMENTS.—The following provisions of the Internal Revenue Code of 1954 are amended as follows: (1) Section 5063 (relating to floor stocks refunds on distilled 26 USC 5063. spirits, wines, cordials, and beer) is amended by striking out "April 1, 1957" each place it appears and inserting in lieu thereof

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