Page:United States Statutes at Large Volume 75.djvu/181

 75

STAT.]

PUBLIC LAW 87-64-JUNE 30, 1961

141

Tax on Employees (b) Section 3101 of such Code (relating to rate of tax on employees under the Federal Insurance Contributions Act) is amended to read as follows: "SEC. 3101. RATE OF TAX. " I n addition to other taxes, there is hereby imposed on the income of every individual a tax equal to the following percentages of the wages (as defined in section 3121(a)) received by him with respect to employment (as defined in section 3121(b))— "(1) with respect to wages received during the calendar year 1962, the rate shall be 3i^ percent; "(2) with respect to wages received during the calendar years 1963 to 1965, both inclusive, the rate shall be 3 % percent; "(3) with respect to wages received during the calendar years 1966 to 1967, both inclusive, the rate shall be 4^^ percent; and "(4) with respect to wages received after December 31, 1967, the rate shall be 4 % percent."

^e use 3101.

26 USC 31:21.

Tax on Employers (c) Section 3111 of such Code (relating to rate of tax on employers under the Federal Insurance Contributions Act) is amended to read as follows: "SEC. 3111. RATE OF TAX. " I n addition to other taxes, there is hereby imposed on every employer an excise tax, with respecit to having individuals in his employ, equal to the following percentages of the wages (as defined in section 3121(a)) paid by him with respect to employment (as defined in section 3121(b)) — "(1) with respect to wages paid during the calendar year 1962, the rate shall be by^ percent; " (2) with respect to wages paid during the calendar years 1963 to 1965, both inclusive, the rate shall be 3 % percent; " (3) with respect to wages paid during the calendar years 1966 to 1967, both inclusive, the rate shall be 4i^ percent; and "(4) with respect to wages paid after December 31, 1967, the rate shall be 4 % percent."

^^ ^^^ ^^^^• ^6 USC 3126.

26 USC 3121.

Effective Dates (d) The amendment made by subsection (a) shall apply with respect to taxable years beginning after December 31, 1961. The amendments made by subsections (b) and (c) shall apply with respect to remuneration paid after December 31, 1961. EXTENSION OF TIME TO ELECT COVERAGE ON BEHALF OF MINISTERS

SEC. 202. (a) Section 1402(e) of the Internal Revenue Code of 1954 is amended by adding at the end thereof the following new paragraph: "(6) CERTIFICATE FILED BY FIDUCIARIES OR SURVIVORS ON OR BEFORE APRIL 15, 1962.—In any case where an individual, whose

death has occurred after September 12, 1960, and before April 16, 1962, derived earnings from the performance of services described in subsection (c)(4), or in subsection (c)(5) insofar as it relates to the performance of service by an individual in the exercise of his profession as a Christian Science practitioner, a certificate may be filed after the date of enactment of this paragraph, and on or before April 15, 1962, by a fiduciary acting for such individ-

26 USC 1402.

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