An Act to extend for a temporary period the existing provisions of law relating to the free importation of personal and household effects brought into the United States under Government orders
PL 87-790 (H.R.12180), enacted 10/10/1962

808 
PUBUC L
A
W 87-790-OCT. 10, 1962 
[76 STAT. 
39 Stat. 535. 
49 Stat. 666. 
Appropriation. 
SEC. 2. In order to provide for the proper development of the Fort 
Saint Marks National Historic Site, the Secretary of the Interior shall 
erect thereon and maintain as parts thereof the following— 
(1) a museum, which shall contain items of historical interest 
pertaining to Fort Saint Marks; 
(2) such markers, structures, and landscaping as may in his 
judgment be appropriate. 
SEC. 3. The Secretary of the Interior, acting through the National 
Park Service, shall administer, protect, develop, and maintain the 
Fort Saint Marks National Historic Site subject to the provisions of 
this Act and in accordance with the provisions of the Act of August 
25,1916, entitled "An Act to establish a National Park Service, and for 
other purposes" (16 U-S.C. 1 and others), as amended and supple-
mented, and the provisions of the Act of August 21,1935, entitled "An 
Act to provide for the preservation of historic American sites, build-
ings, and antiquities of national significance, and for other purposes" 
(16 U.S.C. 461^61), as amended. 
SEC. 4. There is authorized to be appropriated not to exceed $100,0(X) 
for the purposes of this Act. 
Approved October 10, 1962. 
October 10, 1962 
[H. R. 12180] 
Public Law 87-790 
AN ACT 
To extend for a temporary period the existing provisions of law relating; to 
the free importation of personal and household effects brought into the United 
States under Government orders, and for other purposes. 
Duty-free entries 
and tax relief. 
Personal and 
household effects. 
74 Stat. 289. 
50 u s e app, 801 
note. 
Monofilament 
gill fish nets. 
46 Stat. 672; 
Ante, pp. 72, 404. 
Effective date. 
Accident and 
health insurance 
contracts. 
73 Stat. 122. 
26 u s e 809. 
26 u s e 815. 
Be it erhocted hy the Senate and House of Representatwes 
of the 
United States of America in Congress assembled, That subsection (b) 
of the first section of the Act entitled "An Act relating to the free 
importation of personal and household effects brought into the United 
States under Government orders, and for other purposes", approved 
June 30, 1955 (Public Law 126, Eighty-fourth Congress; 69 Stat. 
242), as amended, is amended by striking out "July 1,1962" and insert-
ing in lieu thereof "July 1,1964". 
SEC. 2. (a) Section 201 of the Tariff Act of 1930 (19 U.S.C.-1201) 
is amended by adding at the end thereof the following new paragraph: 
"PAR. 1829. Monofilament gill nets for use in fish sampling, 
under such rules and regulations as the Secretary of the Treasury may 
prescribe." 
(b) The amendment made by subsection (a) shall be effective with 
respect to articles entered or withdrawn from warehouse for consump-
tion on and after the day following the date of enactment of this Act. 
SEC. 3. (a) Section 809(d)(6) of the Internal Revenue Code of 
1954 (relating to deduction for group life, accident, and health insur-
ance) is amended— 
(1) by striking out "group life insurance contracts and group 
accident and health insurance contracts" and inserting in lieu 
thereof "accident and health insurance contracts (other than 
those to which paragraph (5) applies) and group life insurance 
contracts"; and 
(2) by striking out the heading and inserting in lieu thereof 
"(6) 
CERTAIN ACcmENT AND HEALTH INSURANCE AND GROUP 
LIFE INSURANCE. 
". 
(b) Section 815(c) (2) (C) of such Code (relating to policyholders 
surplus account) is amended by striking out "group life and group 
76 STAT.] 
PUBLIC LAW 87-792-OCT. 10, 1962 
809 
accident and health insurance contracts" and inserting in lieu thereof 
"accident and health insurance and group life insurance contracts". 
(c) The amendments made by this section shall apply to taxable 
years beginning after December 31,1962. 
Approved October 10, 1962. 
Effective date. 
Public Law 87-791 
AN ACT 
To authorize reimbursement to appropriations of the United States Secret Service 
of moneys expended for the purchase of counterfeits. 
Be it enacted hy the Se-Tiate and House of Representatives 
of the 
United States of America in Congress assembled^ That title 18, United 
States Code, section 3056, as amended, is hereby further amended by 
adding at the end thereof the following -sentence: "Moneys expended 
from Secret Service appropriations for the purchase of counterfeits 
and subsequently recovered shall be reimbursed to the appropriation 
current at the time of deposit." 
Approved October 10, 1962. 
October 10, 1962 
[H. R.12451] 
U.S. Secret 
Service. 
65 Stat. 122. 
Public Law 87-792 
A N A C T 
October 10, 1962 
To encourage the establishment of voluntary pension plans by self-employed 
[H. R. lo] 
individuals. 
Be it enacted hy the Senate and House of Rej)resentatives 
of the 
United States of America in Congress assembled, That this Act may 
seif-Empioyed 
be cited as the "Self-Employed Individuals Tax Retirement Act of individuals Tax 
1 Qfi9" 
Retirement Act of 
SEC. 2. QUALIFICATION OF PLANS. 
Section 401 of the Internal Revenue Code of 1954 (relating to quali-
fied pension, profit-sharing, and stock bonus plans) is amended— 
(1) by adding at the end of paragraph (5) of subsection (a) 
the following new sentence: "For purposes of this paragraph and 
paragraph (10), the total compensation of an individual who is 
an employee within the meaning of subsection (c) (1) means such 
individual's earned income (as defined in subsection (c) (2)), and 
the basic or regular rate of compensation of such an individual 
shall be determined, under regulations prescribed by the Secre-
tary or his delegate, with respect to that portion of his earned 
income which bears the same ratio to his earned income as the 
basic or regular compensation of the employees under the plan 
bears to the total compensation of such employees."; 
(2) by adding at the end of subsection (a*) the following new 
paragraphs: 
"(7) A trust shall not constitute a qualified trust under this 
section unless the plan of which such trust is a part provides that, 
upon its termination or upon complete discontinuance of con-
tributions under the plan, the rights of all employees to benefits 
1962. 
68A Stat. 135. 
26 u s e 401. 
Post, 
p. 811. 
Post, 
p. 811.