Page:United States Statutes at Large Volume 88 Part 2.djvu/234

 1550

Effective date. 19 USC 1202 note. 19 USC 1202 note.

19 USC 1514.

Mining, treatment p r o c e s s e s. 26 USC 613.

Effective date. 26 USC 613 note.

26 USC 4 4 0 1.

26 USC 4 4 1 1.

PUBLIC LAW 93-499-OCT. 29, 1974

[88 STAT.

and inserting in lieu thereof "11/7/75"; and such item 905.31 is further amended by striking out "and item 308.51". (b) The amendments made by subsection (a) shall apply with respect to articles entered, or withdrawn from warehouse, for consumption on or after the date of the enactment of this Act. (c) Upon request therefor filed with the customs officer concerned on or before the sixtieth day after the date of the enactment of this Act, the entry or withdrawal of any article— (1) which was made after November 7, 1973, and before the date of the enactment of this Act, and (2) with respect to which there would have been no duty if the amendments made by subsection (a) applied to such entry or withdrawal, shall notwithstanding the provisions of section 514 of the Tariff Act of 1930 or any other provision of law, be liquidated or reliquidated as though such entry or withdrawal had been made on the date of the enactment of this Act. SEC. 2. (a) Section 6 1 3 (c)(4)(E) of the Internal Revenue Code of 1954 (relating to treatment processes considered as mining) is amended by inserting after "phosphate rock," the following: "the decarbonation of trona,". (b) The amendment made by this section shall apply to taxable years beginning after December 31, 1970. Sec. 3. Wagering tax amendments. (a) TAX ON WAGERS.—Section 4401 of the Internal Revenue Code of 1954 (relating to imposition of tax on wagers) is amended by striking out "10 percent" and inserting in lieu thereof "2 percent". (b) OCCUPATIONAL TAX.—Section 4411 of the Internal Revenue Code of 1954 (relating to imposition of occupational taxos) is amended by striking out "$50" and inserting in lieu thereof "$500". (c) DISCLOSURE OF WAGERING TAX INFORMATION.—

26 USC 4424.

26 USC 7602.

(1) Subchapter C of Chapter 35 of the Internal Revenue Code of 1954 (relating to miscellaneous provisions) is amended by adding at the end thereof the following new section: "Sec. 4424. Disclosure of wagering tax information. " (a) GENERAL RULE.—Except as otherwise provided in this section, neither the Secretary or his delegate nor any other officer or employee of the Treasury Department may divulge or make known in any manner whatever to any person— "(1) any original, copy, or abstract of any return, payment, or registration made pursuant to this chapter, "(2) any record required for making any such return, payment, or registration, which the Secretary or his delegate is permitted by the taxpayer to examine or which is produced pursuant to section 7602, or "(3) any information come at by the exploitation of any suiCh return, payment, registration, or record.

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