Page:United States Statutes at Large Volume 98 Part 1.djvu/442

 98 STAT. 394

PUBLIC LAW 98-355—JULY 11, 1984 Public Law 98-355 98th Congress

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An Act July 11, 1984 [H.R. 5950]

26 USC 9008.

26 USC 9008 note.

To increase the Federal contribution for the Quadrennial Political Party Presidential National Nominating Conventions..

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. Increased Payments for Presidential Nominating Conventions. (a) IN GENERAL.—Paragraph (1) of section 9008(b) of the Internal Revenue Code of 1954 (relating to major parties) is amended by striking out "$8,000,000" and inserting in lieu thereof "$4,000,000". (b) TECHNICAL AMENDMENTS.—Paragraph (5) of section 9008(b) of such Code (relating to adjustment of entitlements) is amended— (1) by striking out "section 320(b) and section 320(d)" and inserting in lieu thereof "section 3150t>) and section 315(d)"; and (2) by striking out "section 320(c)" and inserting in lieu thereof "section 315(c)". (c) EFFECTIVE DATE.—The amendments made by this section shall take effect on January 1, 1984. Approved July 11, 1984.

LEGISLATIVE HISTORY—H.R. 5950: HOUSE REPORT No. 98-877, Ft. 1 (Comm. on Ways and Means). CONGRESSIONAL RECORD, Vol. 130 (1984): June 28, considered and passed House. June 29, considered and passed Senate.

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