Page:United States Statutes at Large Volume 91.djvu/1400

 91 STAT. 1366 Liability. 26 USC 5005.

PUBLIC LAW 95-176—NOV. 14, 1977 (b) Section 5005(e)(2) of such Code is amended to read as follows: "(2) RELIEF FROM LIABILITY.—All persons liable for the tax on

distilled spirits under paragraph (1) of this subsection, or under subsection (a) or (b), or under any similar prior provisions of internal revenue law, shall be relieved of any such liability at the time, as the case may be, the distilled spirits are exported, deposited in a foreign-trade zone, used in the production of wine, deposited in customs bonded warehouses, laden as supplies upon, or used in the maintenance or repair of, certain vessels or aircraft, or used in certain research, development, or testing, as provided by law." Liens. (c)(1) Section 5004(a)(2)(B) of such Code is amended by strik26 USC 5004. ing out" (9), or" and inserting "or" after " (2),". (2) Section 5004(a)(2)(C) of such Code is amended to read as follows: "(C) exported, deposited in a foreign-trade zone, used in the production of wine, laden as supplies upon, or used in the maintenance or repair of, certain vessels or aircraft, deposited in a customs bonded warehouse, or used in certain research, development, or testing, as provided by law." (d)(1) Section 5005(d) of such Code is amended by striking out " (3), or (9)" and inserting "or (3)" after " (2),". (2) Section 5005(e)(1) of such Code is amended by striking out "section 5214(a)(4), (5), (6), (7), or (8)," and inserting "section 5214(a)(4), (5), (6), (7), (8), (9),or (10),". 26 USC 5008. (e)(1) Section 5008(f)(3) of such Code is amended by striking "and" at the end thereof. (2) Section 5008(f)(4) of such Code is amended by striking out the period at the end thereof and inserting in lieu thereof "; and". (3) Section 5008(f) of such Code is amended by adding at the end thereof the following: "(5) the customs bonded warehouse in the case of withdrawal Ante, pp. 1364, under sections 5066 and 5214(a)(9). 1365. The provisions of subsection (a) shall be applicable to loss of distilled spirits withdrawn from bonded premises without payment of tax under section 5214(a) (10) for certain research, development, or testing, until such distilled spirits are used as provided by law." 26 USC 5003. (f) Paragraph (14) of section 5003 of such Code is amended to read as follows: "(14) For provisions authorizing the withdrawal of distilled spirits without payment of tax for use in certain research, development, or testing, see section 5214(a) (10)." Mingling and SEC. 5. (a)(1) Section 5234(a)(2) of such Code is amended by blending. striking from the heading "FOR FURTHER STORAGE IN BOND.". 26 USC 5234. (2) So much of the first sentence of section 5234(a)(2) of such Code as follows subparagraph (C) thereof is amended to read as follows: "(D) which have been stored in internal revenue bond in the same kind of cooperage for not less than 4 years (or 2 years in the case of rum or brandy), may, within 20 years of the date of original entry for deposit of the spirits, be mingled on bonded premises." (b) Section 5025(e)(7) of such Code is amended by striking out Rectification tax, exemption. "for further storage in bond". 26 USC 5025.

�