United States Code (Last Updated: May 24, 2014) |
Title 7. AGRICULTURE |
Chapter 26. AGRICULTURAL ADJUSTMENT |
SubChapter III. COMMODITY BENEFITS |
§ 621. Machinery belting processed from cotton; exemption from tax
Latest version.
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The provisions of section 616 of this title, shall not apply to articles of machinery belting processed wholly or in chief value from cotton, if such processing was completed prior to
January 1, 1930 .
Codification
Section was not enacted as part of the Agricultural Adjustment Act which comprises this chapter.
Constitutionality
Unconstitutionality of processing and floor stock taxes, see note set out under section 616 of this title.