Page:United States Statutes at Large Volume 90 Part 2.djvu/359

 PUBLIC LAW 94-455—OCT. 4, 1976

90 STAT. 1827

(D) Section 6413(c)(3) (relating to special refunds) is 26 USC 6413. amended by striking out "after 1967". (24) AMENDMENTS OF SECTION 6 416.—

(A) Section 6416(a)(3) (relating to special rules for 26 USC 6416. refund of overpayment of tax) is amended by redesignating subparagraphs (C) and (D) as subparagraphs (A) and (B), respectively. (B)(i) Section 6416(b)(2) (relating to overpayments of certam excise taxes), as amended by section 2108 of this Act, Post, p. 1904. is amended by striking out subparagraphs (G), (H), (I), and (J), and by redesignating subparagraphs (F), (K), (L), (M), (K), (S), and (T) as subparagraphs (E), (F), (G), (H), (I), (J), and (K),respectively. •..,»f

(ii) The repeals made by clause (i) shall apply with 26 USC 6416 respect to the use or resale for use of liquids after December 31, "o*®1976. (25) REPEAL or SECTION 64IT.—Section 6417 (relating to coco- 26 USC 6417.

nut and palm oil) is repealed. ( 2 6) AMENDMENTS OF SECTION 6420.—

(A) Section 6420(b) (relating to time for filing refund 26 USC 6420. claims on gasoline) is amended to read as follows: "(b) TIME FOR FILING CLAIMS; PERIOD COVERED.—Not more than one claim may be filed under this section by any person with respect to gasoline used during his taxable year, and no claim shall be allowed under this section with respect to gasoline used during any taxable year unless filed by such person not later than the time prescribed by law for filing a claim for credit or refund of overpayment of income tax for such taxable year. For purposes of this subsection, a person's taxable year shall be his taxable year for purposes of subtitle A." 26 USC 1. (B) Section 6420(e)(1) (relating to application of other ' laws) is amended by striking out "apply in in respect" and inserting in lieu thereof "apply in respect". (C)(1) Section 6420 is amended by striking out subsection (g) (relating to effective date) and by redesignating subsections (h) and (i) as subsections (g) and (h), respectively. (ii) Section 6420(a) is amended by striking out "subsection (h) " and inserting in lieu thereof "subsection (g)". (D) Section 6420(g) (relating to income tax credit in liei|^ of gas tax refund), as redesignated by subparagraph (C)(i) of this paragraph, is amended by striking out "with respect to gasoline used after June 30. 1965," and "for gasoline used after June 30, 1965". (27) AMENDMENTS OP SECTION 6 4 21.—

(A)(i) Subsections (a) and (e)(3) of section 6421 (relat- 26 USC 6421. in^ to nonhighway use of gasoline) are each amended by striking out "after June 30, 1970,". (ii) The amendments made by clause (i) shall only apply 26 USC 6421 with respect to gasoline used as a fuel after June 30, 1970. note. (B) Section 6421(c) (relating to nonhighway use of gasoline) is amended to read as follows: "(c) TIME FOR FILING CLAIMS; PERIOD COVERED.—

"(1) IN GENERAL.—Except as provided in paragraph (2), not more than one claim may be filed under subsection (a), and not more than one claim may be filed under subsection (b), by any person with respect to gasoline used during his taxable year; and no claim shall be allowed under this paragraph with respect to gasoline used during any taxable year unless filed by such person

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