An Act to amend the Tariff Schedules of the United States to provide for the duty-free entry of methanol imported for use as fuel, and for other purposes.
PL 93-482 (H.R.11251), enacted 10/26/1974

1456 
PUBLIC LAW 93-482-OCT. 26, 1974 
[88 STAT. 
E x e c u t i o n of 
s e a r c h w a r r a n t s . 
D . C . C o d e 2 3 -
5 2 4 . 
R e p e a l . 
D . C . C o d e 23-
5 6 1 . 
(d) Section 23-524 (a) of such title 23 is amended to read as follows: 
" (a) An officer executing a warrant directing a search of a dwelling 
house or other building or a vehicle shall execute such warrant in 
accordance with section 3109 of title 18, United States Code." 
(e) The last sentence of section 23-561 (b)(1) of such title 23 is 
repealed. 
SEC. 5. Section 1114 of title 18, United States G)de, is amended by 
striking out "Bureau of Narcotics and Dangerous Drugs" and insert-
ing in lieu thereof "Drug Enforcement Administration". 
Approved October 26, 1974. 
O c t o b e r 26, 1974 
[H. R . 1 1 2 5 1 ] 
Public Law 93-482 
AN ACT 
To amend the Tariff Schedules of the United States to provide for the duty-free 
entry of methanol imported for use as fuel, and for other purposes. 
M e t h a n o l , duty 
s u s p e n s i o n ; In-
t e r n a l R e v e n u e 
C o d e of 1954, 
a m e n d m e n t s . 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That subpart D 
of part 2 of schedule 4 of the Tariff Schedules of the United States 
(19 U.S.C. 1202) is amended by striking out item 427.96 and inserting 
in lieu thereof the following: 
E f f e c t i v e 
d a t e . 
19 use 1202 
n o t e . 
Duty r a t e s . 
C o r p o r a t i o n s , 
q u a l i f i e d export 
a s s e t s . 
26 u s e 
9 9 3 . 
26 u s e 
993 
n o t e . 
L o w i n c o m e 
r e n t a l h o u s i n g , 
r e h a b i l i t a t i o n e x -
p e n d i t u r e s . 
26 use 167 
n o t e . 
427. 96 
427.97 
Methyl: 
I 
Imported only for use in producing synthetic natural gas 
(SNQ) or for direct use as a fuel 
Free 
Other 
I 7.60 per gal. 
180 per! 
180 per( 
SEC. 2. (a) The amendments made by the first section of this Act shall 
apply with respect to articles entered, or withdrawn from warehouse, 
for consumption on or after the date of the enactment of this Act. 
(b) The rates of duty in rate column numbered 1 of the Tariff 
Schedules of the United States (as amended by the first section of 
this Act) shall be treated as not having the status of statutory provi-
sions enacted by the Congress, but as having been proclaimed by the 
President as being required or appropriate to carry out foreign trade 
agreements to which the United States is a party. 
SEC. 3. (a) Section 993(b)(3) of the Internal Kevenue Code of 
1954 (relating to qualified export assets) is amended by striking out 
"such corporation" and inserting in lieu thereof "such corporation or 
of another corporation which is a DISC and which is a member of a 
controlled group which includes such corporation". 
(b) The amendment made by subsection (a) applies to taxable 
years beginning after December 31, 1973. The amendment shall, at 
the election of the taxpayer made within 90 days after the date of 
enactment of this Act, also apply to any taxable year beginning after 
December 31,1971, and before January 1,1974. 
SEC. 4. Notwithstanding the provisions of section 167 (k) (1) of the 
Internal Revenue Code of 1954 (relating to depreciation of expendi-
tures to rehabilitate low income rental housing), the provisions of sec-
tion 167 (k) shall apply with respect to rehabilitation expenditures 
incurred with respect to low income rental housing after December 31, 
1974, and before January 1, 1978, if such expenditures are incurred 
pursuant to a binding contract entered into before December 31,1974. 
Approved October 26, 1974.