Page:United States Statutes at Large Volume 80 Part 1.djvu/893

 80

STAT.]

PUBLIC LAW 80-610-SEPT. 30, 1966

857

(e) For purposes of this section, a tax stamp shall be considered as held by a wholesaler, retailer, or vending machine operator if title thereto has passed to such wholesaler, retailer, or operator (whether or not delivery to him has been made) and if title to such stamp has not at any time been transferred to any person other than such wholesaler, retailer, or operator. (f) A violation of the provisions of subsections (b), (c), or (d) of this section shall be punishable as provided in section 611 of the District of Columbia Cigarette Tax Act (D.C. Code, sec. 47-2810).

63 Stat. 139.

TITLE V—FEDERAL PAYMENT SEC. 501. Article VI of the District of Columbia Revenue Act of 1947 (D.C. Code, secs. 47-2501a, 47-2501b) is amended to read as y/stfJ.^uo^^' follows; "ARTICLE VI—FEDERAL PAYMENT "SEC. 1. For the fiscal year ending June 30, 1967, and for each fiscal year thereafter, there is authorized to be appropriated, as the annual payment by the United States toward defraying the expenses of the government of the District of Columbia, the sum of $60,000,000 which shall be credited to the general fund of the District of Columbia. "SEC. 2. If in any fiscal year or years a deficiency exists between the amount appropriated and the amount authorized by this article to be appropriated, additional appropriations are hereby authorized for subsequent fiscal years to pay such deficiency or deficiencies." SEC. 502. Title I of the District of Columbia Revenue Act of 1939 (D.C. Code, sec. 47-134) is repealed. SEC. 503. The fourth sentence of section 106(a) of the Act of May 18, 1954 (D.C. Code, sec. 43-1541 (a)) is repealed. TITLE VI — AUTHORIZATION FOR LOANS F R O M UNITED STATES TREASURY

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53 Stat. 1085.

Repeal. ^s Stat. 102.

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Sec. 601. Subsection (b) of the first section of the Act approved June 6, 1958 (D.C. Code, sec. 9-220(b)) is amended to read as follows: ^2 Stat. isa. " (b) To assist in financing the cost of constructing facilities required for activities financed by the general fund of the District, the Commissioners are hereby authorized to accept loans for the District from the United States Treasury and the Secretary of the Treasury is hereby authorized to lend to the Commissioners such sums as may hereafter be appropriated, except that (1) the total principal amount of loans advanced pursuant to this section shall not exceed $250,000,000 and (2) $50,000,000 of the principal amount of loans authorized to be advanced pursuant to this subsection shall be utilized to carry out the purposes of the National Capital Transportation Act of 1965. Any ^^ Stat. 663. loan for use in any fiscal year must first be specifically requested of note."^^ the Congress in connection with the budgets submitted for the District, with a full statement of the work contemplated to be done and the need thereof, and such work must be approved by the Congress. Such approval shall not be construed to alter or to eliminate the procedures for consultation, advice, and recommendation provided in the National Capital Planning Act of 1952 (D.C. Code, sec. 1-1001 et seq.). Such ^e Stat. 78i. loans shall be in addition to any other loans heretofore or hereafter made to the Commissioners for any other purpose, and when advanced shall be deposited in the Treasury of the United States to the credit of the general fund of the District."

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