Page:United States Statutes at Large Volume 89.djvu/1116

 89 STAT. 1056

PUBLIC LAW 94-182—DEC. 31, 1975 TITLE II—PROVISIONS RELATING TO FOOD STAMPS PROVIDED TO AFDC F A M I L I E S FOOD STAMP DISTRIBUTION TO ATDC FAMILIES

7 USC 2019 note. 7 USC 2019.

QEC. 201. Notwithstanding any other provision of law, the final date for compliance with regulations in implementation of section 10(e)(7) of the Food Stamp Act of 1964, as amended, may be extended until October 1, 1976. TITLE III—INTERNAL REVENUE CODE AMENDMENT CERTAIN IRRIGATION

DAMS

26 USC 103.

SEC. 301. (a) Section 103 of the Internal Revenue Code of 1954 (relating to interest on certain governmental obligations) is amended by redesignating subsection (e) as subsection (f) and by inserting after subsection (d) the following new subsection: "(e) CERTAIN IRRIGATION DAMS.—A dam for the furnishing of water for irrigation purposes which has a subordinate use in connection with the generation of electric energy by water shall be treated as meeting the requirements of subsection (c)(4)(G) if— "(1) substantially all of the stored water is contractually available for release from such dam for irrigation purposes, and "(2) the water so released is available on reasonable demand to members of the general public.". Effective date. (b) The amendment made by subsection (a) shall apply to obliga26 USC 103 note, tions issued after the date of the enactment of this Act. Approved December 31, 1975.

LEGISLATIVE HISTORY: HOUSE REPORT No. 94-626 (Comm. on Ways and Means). SENATE REPORT No. 94-549 (Comm. on Finance). CONGRESSIONAL RECORD, VoL 121 (1975): Nov. 17, considered and passed House. Dec. 17, considered and passed Senate, amended. Dec. 18, 19, House concurred in Senate amendments with an amendment. Dec. 19, Senate concurred in House amendment.

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