# Pub. L. 86-564: changes to the Internal Revenue Code

1960-06-30, 74 Stat. 290. Source: <https://www.govinfo.gov/link/plaw/86/public/564>.

## Legislative history

- Bill: [H.R. 12381](https://www.congress.gov/bill/86th-congress/house-bill/12381)

## § 11: Tax imposed

- § 11(b): Pub. L. 86–564 substituted “July 1, 1961” for “July 1, 1960” and “June 30, 1961” for “June 30, 1960” wherever appearing.

## § 613: Percentage depletion

- § 613(b)(3): Pub. L. 86–564, § 302(a)(1), limited the 15 percent allowance for ball clay, bentonite, china clay, and sagger clay to cases where paragraph (5)(B) does not apply, and authorized a 15 percent allowance, if paragraph (5)(B) does not apply, for clay used or sold for use for purposes dependent on its refractory properties.
- § 613(b)(5): Pub. L. 86–564, § 302(a)(2), substituted provisions authorizing a 5 percent allowance for clay used, or sold for use, in the manufacture of building or paving brick, drainage and roofing tile, sewer pipe, flower pots, and kindred products for provisions which authorized a 5 percent allowance for brick and tile clay.
- § 613(b)(6): Pub. L. 86–564, § 302(a)(3), struck out provisions which authorized a 15 percent allowance for refractory and fire clay. See subsec. (b)(3) of this section.
- § 613(c)(2): Pub. L. 86–564, § 302(b)(1), substituted “the treatment processes considered as mining described in paragraph (4) (and the treatment processes necessary or incidental thereto)” for “the ordinary treatment processes normally applied by mine owners or operators in order to obtain the commercially marketable mineral product or products”, and “such treatment processes” for “the ordinary treatment processes”.
- § 613(c)(4): Pub. L. 86–564, § 302(b)(2), substituted “The following treatment processes where applied by the mine owner or operator shall be considered as mining to the extent they are applied to the ore or mineral in respect of which he is entitled to a deduction for depletion under section 611” for “The term ‘ordinary treatment processes’ includes the following” in opening provisions, included cleaning in subpar. (B), substituted “ores or minerals which” for “minerals which” and included substantially equivalent processes in subpar. (C), included uranium and minerals which are not customarily sold in the form of the crude mineral product and substituted “from the ore or the mineral or minerals from other material from the mine or other natural deposit” for “from the ore, including the furnacing of quicksilver ores” in subpar. (D), included the furnacing of quicksilver ores in subpar. (E), and added subpars. (F) to (H).
- § 613(c)(5): Pub. L. 86–564, § 302(b)(2), added par. (5).

## § 4251: Imposition of tax

- § 4251(b)(2): Pub. L. 86–564 substituted “July 1, 1961” for “July 1, 1960” in two places.

## § 4261: Imposition of tax

- § 4261: Pub. L. 86–564 substituted “July 1, 1961” for “July 1, 1960” wherever appearing.

## § 5001: Imposition, rate, and attachment of tax

- § 5001(a)(1): Pub. L. 86–564, § 202(a)(4), substituted “July 1, 1961” for “July 1, 1960”.
- § 5001(a)(3): Pub. L. 86–564, § 202(a)(5), substituted “July 1, 1961” for “July 1, 1960”.

## § 5041: Imposition and rate of tax

- § 5041(b): Pub. L. 86–564 substituted “July 1, 1961” for “July 1, 1960” in five places.

## § 5051: Imposition and rate of tax

- § 5051(a): Pub. L. 86–564 substituted “July 1, 1961” for “July 1, 1960”.

## § 5701: Rate of tax

- § 5701(c): Pub. L. 86–564 substituted “July 1, 1961” for “July 1, 1960” in two places.

## § 6412: Floor stocks refunds

- § 6412(a)(1): Pub. L. 86–564 substituted “July 1, 1961” for “July 1, 1960” in two places, “October 1, 1961” for “October 1, 1960”, and “November 10, 1961” for “November 10, 1960” in two places.