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PUBLIC LAW 85-859-SEPT. 2, 1958

[72 S T A T.

For purposes of this subsection, the price for which the article was sold shall be determined as provided in section 4216. For purposes of paragraph (2) no adjustment or readjustment shall be made in such price by reason of any discount, rebate, allowance, return or repossession of a container or covering, or otherwise. An election under paragraph (2) shall be made in the return reporting the tax applicable to the sale or use of the article, and may not be revoked. "SEC. 4224. EXEMPTION FOR ARTICLES TAXABLE AS JEWELRY. "No tax shall be imposed under this chapter on any article taxable under section 4001 (relating to jewelry tax). This section shall not apply to any clock or watch, or to any case or movement for a clock or watch, sold (1) as a part or accessory, or (2) on or in connection with or with the sale of any article. "SEC. 4225. EXEMPTION OF ARTICLES MANUFACTURED OR PRODUCED BY INDIANS. "No tax shall be imposed under this chapter on any article of native Indian handicraft manufactured or produced by Indians on Indian reservations, or in Indian schools, or by Indians under the jurisdiction of the United States Government in Alaska." (b) TECHNICAL AMENDMENTS.—

26 USC 4041.

(2) Section 4041 is amended by adding at the end thereof the following new subsection: "(e) EXEMPTION FOR U S E AS SUPPLIES FOR VESSELS.—Under regulations prescribed by the Secretary or his delegate, no tax shall be imposed under subsection (b) in the case of any fuel sold for use or used as supplies for vessels or aircraft (within the meaning of section 4221 (d)(3)). " (2) Part II of subchapter C of chapter 32 is amended by 4152 ^ ^^ ^^^ ^' striking out section 4152, and by striking out "Sec. 4152. Exemption for religious or educational use."

422 6 " ^ ^ ^^^^

in the table of sections for such part. (^) "^^^^ table of sections for subchapter F of chapter 32 is amended by striking out "Sec. 4220. Exemptions for sales or resales to manufacturers."

26 USC 4601.

and all that follows. (4) Section 4601 (applicability of tariff provisions) is amended by adding at the end thereof the following: "Articles manufactured or produced with the use of articles upon the importation of which tax has been paid under subchapter A, B, C, or D of this chapter, if laden for use as supplies on vessels referred to in section 4221(d)(3), shall be held to be exported for purposes of this section."

PART III—FACILITIES AND SERVICES SEC. 131. ADMISSIONS. 26 USC 4231.

(a) EXEMPTION or FIRST $1 PAID FOR ADMISSION.—Section 4231(1)

(general admissions tax) is amended to read as follows: "(1)

GENERAL.— " (A) SINGLE ADMISSION.—A tax of 1 cent for each 10 cents

or major fraction thereof of the amount in excess of $1 paid for admission to any place. " (B) SEASON TICKET.—In the case of a season ticket or subscription for admission to any place, a tax of 1 cent for each 10 cents or major fraction thereof of the amount paid for such season ticket or subscription which is in excess of $1 multiplied by the number of admissions provided by such season ticket or subscription.

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