An Act to suspend the duties of certain bicycle parts and accessories until the close of December 31, 1976, and for other purposes.
PL 93-490 (H.R.6642), enacted 10/26/1974

1466 
PUBLIC LAW 93-490-OCT. 26, 1974 
[88 STAT. 
Public Law 93-490 
October 26, 1974 
A N A C T 
[H. R. 6642] 
To suspend the duties on certain bicycle parts and accessories until the close 
of December 31,1976, and for other purposes. 
Certain bicycle 
parts and acces 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That (a) items 
series, duty sus- 912.05 and 912.10 of the Appendix to the Tariff Schedules of the 
Reven°uJ c"odroS United Statcs (19 U.S.C. 1202) are each amended by striking out 
195!"amendments. "12/31/73" and inseitiug in lieu thereof "12/31/76". 
19 use 1202 
(b) The amendments made by this section shall apply with respect 
"°*^' 
to articles entered, or withdrawn from warehouse, for consumption 
after December 31,1973. 
SEC. 2. APPLICATION OF SECTION 82 AND SECTION 217 
TO MEMBERS OF UNIFORMED SERVICES. 
^^26 use 217 
(a) jj^ GENERAL.—Notwithstanding the provisions of section 82 
(relating to reimbursement for expenses of moving) and section 217 
26 use 82, 217. (relating to moving expenses), of the Internal Revenue Code of 1954, 
the Secretary of the Treasury, in the administration of those sections, 
is authorized— 
(1) to enter into an agreement with the Secretary concerned 
under which the Secretary concerned will not be required to 
withhold tax on, or to report, moving expense reimbursements 
made to members of the armed forces; 
(2) to permit any taxpayer who is a member of the armed 
forces not to include in adjusted gross income the amount of any 
reimbursement in kind of moving expenses made by the Secretary 
concerned; and 
(3) to permit any taxpayer who is a member of the armed 
forces to deduct any amount paid by him as moving expenses in 
connection with any move required by the Secretary concerned, 
in excess of any reimbursement received for such expenses, with-
out regard to the provisions of section 217(c) (relating to con-
ditions), to the extent it is otherwise deductible under section 217. 
(b) DEFINITIONS.—For purposes of this section, the term— 
(1) "armed forces" has the meaning given it by section 101(4) 
of title 37, United States Code; 
(2) "Secretary concerned" means the Secretary of Defense and, 
with respect to the Coast Guard, the Secretary of Transportation; 
and 
(3) "adjusted gross income" and "moving expenses" hare the 
meanings given them by sections 62 and 217(b), respectively, 
26 use 62. 
of the Internal Revenue Code of 1954. 
(c) Epi^cnvE DATE.—The provisions of this section shall apply 
with respect to taxable years ending before January 1,1976. 
SEC. 3. REPEAL OF REGULATORY TAXES ON FILLED 
CHEESE. 
Repeal. 
26 u s e 4831. 
Repeal. 
26 use 7236. 
(a) I N GENERAL.— 
(1) Part I I of subchapter C of chapter 39 (relating to regula-
tory provisions affecting filled cheese) is repealed. 
(2) The table of parts of such subchapter is amended by strik-
ing out the item relating to part I I . 
(b) 
TECHNICAL AND CONFORMING C H A N G E S . — 
(1) Section^236 (relating to false branding, etc.) is repealed. 
26 use 
26 use 
26 use 
26 
use 
26 use 
26 use 
note. 
4821. 
4591. 
6808. 
7103. 
7641. 
4831 
88 STAT. ] 
PUBLIC LAW 93-490-OCT. 26, 1974 
1467 
(2) The table of sections of part I I of subchapter A of chapter 
75 is amended by striking out the item relating to section 7236. 
26 use 7236. 
(3) Section 7266 (relating to offenses relating to filled cheese) 
Repeal. 
is repealed. 
. 
. 
26 use 7266. 
(4) The table of sections of subchapter B of chapter 75 is 
amended by striking out the item relating to section 7266. 
(5) Section 7303 (relating to property subject to forfeiture) is 
^^ ^sc 7303. 
amended by striking out paragraphs (4) and (5) and inserting in 
lieu thereof the following: 
" (4) PUECHASE OR RECEIPT OF ADULTERATED BUTTER. 
A l l articles 
of adulterated butter (or the full value thereof) knowingly pur-
chased or received by any person from any manufacturer or 
importer who has not paid the special tax provided in section 
4821. 
"(5) PACKAGES OF OLEOMARGARINE.—All packages of oleomar-
garine subject to the tax under subchapter F of chapter 38 that 
shall be found without the stamps or marks provided for in that 
chapter.". 
(6) Section 6808 (relating to cross references) is amended by 
striking out paragraph (5). 
(7) Section 7103(d)(3) 
(relating to cross references) is 
amended by striking out subparagraph (C). 
(8) Section 7641 (relating to supervision of operations of cer-
tain manufacturers) is amended by striking out "filled cheese,". 
(c) EFFECTIVE DATE.—The repeals and amendments made by this 
section shall apply to filled cheese manufactured, imported, or sold 
after the date of enactment of this Act. 
(d) 
AMENDMENT OF INTERNAL REVENUE CODE.—Whenever 
an 
amendment in this section is expressed in terms of an amendment to 
or repeal of a section or other provision, the reference is to a section 
or other provision of the Internal Revenue Code of 1954. 
26 use 1 et seq. 
SEC. 4. APPLICATION OF SECTION 4942 TAX ON FAIL-
URE TO DISTRIBUTE INCOME. 
(a) I N GENERAL.—Section 101(1) (3) of the Tax Reform Act of 
1969 (relating to saving provisions under section 4942 of the Internal 
^2^ use 4940 
Revenue Code of 1954) is amended by— 
" 26 use 4942. 
(1) striking out "and" in subparagraph (D), 
(2) striking out the period at the end of subparagraph (E) 
and inserting in lieu thereof "; and", and 
(3) 
adding after subparagraph 
(E) the following new 
subparagraph: 
"(F) apply, in the case of an organization described in 
paragraph (4) (A) of this subsection, 
"(i) by applying section 4942(e) without regard to 
the stock to which paragraph (4) (A) (ii) of this sub-
section applies, 
"(ii) by applying section 4942(f) without regard to 
dividend income for such stock, and 
"(iiij by defining the distributable amount as the 
sum or the amount determined under section 4942(d) 
(after the application of clauses (i) and (ii)), and the 
amount of the dividend income from such stock.". 
(b) The amendment made by this section shall apply to taxable 
years beginning after December 31, 1971. 
1468 
PUBLIC LAW 93-491-OCT. 26, 1974 
[88 STAT. 
Report to con-
gressional com-
mittees. 
SEC. 5. STUDY OF COMBINED ANNUAL REPORTING FOR 
SOCIAL SECURITY 
AND INCOME 
TAX 
PUR-
POSES. 
The Secretary and the Secretary of Health, Education, and Welfare 
shall (1) study the desirability and feasibility of instituting a system 
of combined social security-income tax reporting on an annual basis, 
and the effect of such a system on social security beneficiaries, on the 
costs to employers and to the social security program, and on the ad-
ministration of such program, and ^2) submit to the Committee on 
Ways and Means of the House of Representatives and the Commit-
tee on Finance of the Senate, no later than December 31, 1974, a joint 
report of the results of such study containing their recommendations 
as to the provisions, procedures, and requirements which might be 
included in such a system and the raanner in which it might be put 
into effect. 
26 u s e 5041. 
26 u s e 5041 
note. 
SEC. 6. IMPOSITION AND RATE OF TAX ON STILL WINES. 
(a) I N GENERAL.—The last sentence of section 5041(a) of the In-
ternal Revenue Code of 1954 (relating to tax on wines) is amended 
by striking out "0.277" and inserting m lieu thereof "0.392". 
(b) EFFECTIVE DATE.—The amendment made by this section shall 
take effect on the first day of the first calendar month which begins 
more than 90 days after the date of enactment of this Act. 
Approved October 26, 1974. 
Public Law 93-491 
October 26, 1974 
[S. 1411] 
Indians. 
Sisseton and 
Wahpeton Sioux 
Tribe, N. Dak.-
S. Dak. 
Land acquisi-
tion. 
AN ACT 
To authorize the Sisseton and Wahpeton Sioux Tribe of the Lake Traverse Reser-
vation to consolidate its landholdings in North Daliota and South Dakota, and 
for other purposes. 
Be if enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That the Secretary 
of the Interior is authorized, at his discretion and upon the request 
of the Sisseton and Wahpeton Sioux Tribe of the Lake Traverse Reser-
vation or its designated agent in the States of North Dakota and South 
Dakota, to acquire through purchase, gift, or exchange any lands or 
interest in lands within the boundaries of the Lake Traverse Reserva-
tion in North Dakota and South Dakota for the purpose of consoli-
dating landholdings, eliminating fractionated heirship interests in 
Indian trust lands, providing land for any tribal program for the 
improvement of the economy of the tiibe and its members through 
the development of industry, recreational facilities, housing projects, 
and the general rehabilitation and enhancement of the total resource 
potential of the reservation. For the purchase of such lands or interests 
in lands the use of any funds available to the tribe from any source is 
authorized and title to any land acquired under the authority of this 
Act shall be taken in the name of the United States in trust for the 
Sisseton and Wahpeton Sioux Tribe of the Lake Traverse Reservation 
in North Dakota and South Dakota.