An Act to provide a 1-year extension of the existing corporate normal Tax rate and of certain existing excise Tax rates, and to provide a $20 credit against the individual income tax for each personal exemption
PL 84-18 (H.R.4259), enacted 03/30/1955

14 
March 25. 1955 
[H. R. 2576] 
5 u s e 133z-3. 
Public Law 16 
PUBLIC LAW 16-MAR. 25, 1955 
AN ACT 
[69 
S T A T . 
CHAPTER 16 
To further amend the Reorganization Act of 1949, as amended, so that such Act 
will apply to reorganization plans transmitted to the Congress at any time 
before June 1, 1957. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That subsection (b) 
of section 5 of the Eeorganization Act of 1949 (63 Stat. 205), as 
amended by the Act of February 11, 1953 (67 Stat. 1), is hereby 
further amended by striking out "April 1, 1955" and inserting in lieu 
thereof "June 1, 1957". 
Approved March 25, 1955. 
March 28, 1955 
[S. 913] 
5 use 16. 
Public Law 17 
CHAPTER 17 
AN ACT 
To eliminate the need for renewal of oaths of office uiwn change of status 
of employees of the Senate or House of Representatives. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assemhled^ That no person who, 
upon appointment as an employee of the Senate or House of Repre-
sentatives, has subscribed or hereafter subscribes to the oath of office 
required by section 1757 of the Revised Statutes of the United States, 
as amended, shall be required to renew such oath so long as the service 
of such person as an employee of the Senate or House of Representa-
tives is continuous. 
Approved March 28, 1955. 
Public Law 18 
CHAPTER 18 
March 30. 1955 
^ ^ ^^'^ 
[H. R. 4259] 
r[i(j provide a one-year extension of the existing corporate normal-tax rate and 
of certain excise-tax rates. 
Tax Rate Exten-
sion Act of 1955. 
6 8 A S t a t . 
11, 
260. 
26 u s e 11, 821. 
68A Stat. 
26 u s e 
4 0 4 1 -
5701, passim.* 
Be it enacted hy the Se7iate and House of Representatives 
of the 
United States of America in Congress assembled, That this Act may 
be cited as the "Tax Rate Extension Act of 1955". 
SEC. 
2
. 
ONE-YEAR 
EXTENSION 
OF 
CORPORATE 
NORMAL-TAX 
RATE. 
Section 11 (b) (relating to corporate normal tax), section 821 (a) 
(1) (A) (relating to mutual insurance companies other than inter-
insurers), and section 821 (b) (1) (relating to interinsurers) of the 
Internal Revenue Code of 1954 are hereby amended as follows: 
(1) By striking out "APRIL i, 1955" each place it appears and 
inserting in lieu thereof "APRIL 1, i9o6"; 
(2) By striking out "April 1, 1955" each place it appears and 
inserting in lieu thereof "April 1,1956"; 
(3) By striking out "MARCH 31, 1955" each place it appears and 
inserting in lieu thereof "MARCH 31, 19no"; 
(4) By striking out "March 31, 1955" each place it appears 
and inserting in lieu thereof "March 31,1956". 
SEC. 
3
. 
ONE-YEAR EXTENSION 
OF 
CERTAIN 
EXCISE 
TAX 
RATES. 
(a) EXTENSION or RATES.—The follow'ing provisions of the Internal 
Revenue Code of 1954 are hereby amended by striking out "April 1, 
1955" each place it appears and inserting in lieu thereof "April 1, 
1956"— 
69 
S T A T . ] 
PUBLIC LAW 19-MAR. 31, 1955 
15 
(1) section 4041 (c) (relating to special fuels) ; 
(2) section 4061 (relating to motor vehicles) ; 
(3) section 4081 (relating to gasoline) ; 
(4) section 5001 (a) (1) (relating to distilled spirits) ; 
(5) section 5001 (a) (3) (relating to imported perfumes con-
taining distilled spirits); 
(6) section 5022 (relating to cordials and liqueurs containing 
wine); 
(7) section 5041 (b) (relating to wines) ; 
(8) section 5051 (a) (relating to beer) ; and 
(9) section 5701 (c) (1) (relating to cigarettes). 
(b) TECHNICAL, AMENDMENTS.—The following provisions of the 
Internal Revenue Code of 1954 are hereby amended as follows: 
(1) Section 5063 (relating to floor stocks refunds on distilled 
spirits, wines, cordials, and beer) is amended by striking out 
"April 1,1955*' each place it appears and inserting in lieu thereof 
"April 1,1956", and by striking out "May 1,1955" and inserting in 
lieu thereof "May 1, 1956,". 
(2) Section 5134 (a) (3) (relating to drawback in the case of 
distilled spirits) is amended by striking out "March 31,1955" and 
inserting m lieu thereof "March 31, 1956". 
(3) Subsections (a) and (b) of section 5707 (relating to floor 
stocks refunds on cigarettes) are amended by striking out "April 
1, 1955" each place it appears and inserting in lieu thereof "April 
1, 1956", and by striking out "July 1, 1955" and inserting in lieu 
thereof "July 1, 1956". 
(4) Subsections (a) and (b) of section 6412 (relating to floor 
stocks refunds on motor vehicles and gasoline) are amended by 
striking out "April 1, 1955" each place it appears and inserting in 
lieu thereof "April 1, 1956", and by striking out "July 1, 1955" 
each place it appears and inserting in lieu thereof "July 1, 1956". 
Section 497 of the Revenue Act of 1951 (relating to refunds on articles 
from foreign trade zones), as amended by the Excise Tax Reduction 
Act of 1954, is hereby amended by inserting after "Internal Revenue 
Code" each place it appears "of 1939 (or section 5701 (c), 6001 (a), 
5022, 5041 (b), or 5051 (a) of the Internal Revenue Code of 1954)", 
and by striking out "April 1,1955" each place it appears and inserting 
in lieu thereof "April 1,1956". 
Approved March 30, 1955. 
68A Stat. 615. 
26 XreC 5063. 
68A Stat. 623. 
26 u s e 5134. 
68A Stat. 709. 
26 u s e 5707. 
68A Stat. 795. 
26 u s e 6412. 
65 Stat. 540. 
68 Stat. 46. 
Public Law 19 
CHAPTER 19 
AN ACT 
To amend the Rubber Producing Facilities Disposal Act of 1953, so as to penult 
the disposal thereunder of Plancor Numbered 877 at Baytown, Texas, and 
certain tank cars. 
March 31, 1955 
[S. 691] 
Be it enacted l)y the Senate and House of Representati'ves of the 
United States of America in Congress assembled^ That the Rubber 
Producing Facilities Disposal Act of 1953 is amended by adding at the 
end thereof the following new section: 
"SiX). 25. (a) Notwithstanding the second sentence of section 7 (a), 
the period for receipt of proposals for the purchase of the Government-
owned rubber-producing facility at Baytown, Texas, known as Plancor 
Numbered 877, shall not expire until the end of the thirty-day period 
which begins on the date of the enactment of this section. 
Rubber facility. 
67 Stat. 408. 
s o u s e 
1941 note. 
app. 
P l a n c o r 
8 7 7, 
Baytown, Tex. 
50 u s e 
a p p . 
194 le.