Page:United States Statutes at Large Volume 76.djvu/1209

 76 STAT.]

PUBLIC LAW 8 7 - 8 7 0 - O C T. 23, 1962

1161

(2) The table of sections for chapter 77 is amended by adding at the end thereof the following new items: "Sec. 7515. Special statistical studies and compilations and other services on request. "Sec. 7516. Supplying training and training aids on request."

(b) Section 7809 of the Internal Revenue Code of 1954 (relating to ^SA Stat. 9i8. deposit of collections) is amended— ^^ "^^ ^^°^' (1) by striking out "subsection (b), " in subsection (a) and inserting in lieu thereof "subsections (b) and (c) and in", and (2) by adding at the end thereof the following new subsection: " (c) DEPOSIT OF CERTAIN RECEIPTS.—Moneys received in payment

for— "(1) Work or services performed pursuant to section 7515 Ante, p. ueo. (relating to special statistical studies and compilations and other services on request); "(2) work or services performed (including materials supplied) pursuant to section 7516 (relating to the supplying of Ante, p. iieo. training and training aids on request); and "(3) other work or services performed for a State or a department or agency of the Federal Government (subject to all provisions of law and regulations governing disclosure of information) in supplying copies of, or data from, returns, statements, or other documents filed under authority of this title or records maintained in connection with the administration and enforcement of this title, shall be deposited in a separate account which may be used to reimburse appropriations which bore all or part of the costs of such work or services, or to refund excess sums when necessary." SEC. 4, Section 6512(b)(2) of the Internal Revenue Code of 1954 esA Stat. sn. (relating to limit on amount of credit or refund of overpayment deter- 26 USC 6;.i2. mined by the Tax Court) is amended by striking out "or" at the end of subparagraph (A); by striking out the period at the end of subparagraph (B) and inserting in lieu thereof ", or"; and by adding after subparagraph (B) the following new subparagraph: " (C) within the period which would be applicable under section 6511(b)(2), (c), or (d), in respect of any claim for 26 USC 65ii. refund filed within the applicable period specified in section 6511 and before the date of the mailing of the notice of deficiency— " (i) which had not been disallowed before that date, "(ii) which had been disallowed before that date and in respect of which a timely suit for refund could have been commenced as of that date, or "(iii) in respect of which a suit for refund had been commenced before that date and within the period specified in section 6532." 26 USC 6532. SEC. 5. (a) Section 7701(a) of the Internal Revenue Code of 1954 Ante, p. 988; is amended by adding after paragraph (31) the following new para- ^^ use 7701. graph: "(32) COOPERATIVE BANK.—The term 'cooperative bank' means an institution without capital stock organized and operated for mutual purposes and without profit, which— " (A) either— " (i) is an insured institution within the meaning of section 401(a) of the National Housing Act (12 U.S.C., sec. 1724(a)), or 48 Stat. 125s. "(ii) is subject by law to supervision and examination by State or Federal authority having supervision over such institutions, and

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