# Pub. L. 86-75: changes to the Internal Revenue Code

1959-06-30, 73 Stat. 157. Source: <https://www.govinfo.gov/link/plaw/86/public/75>.

## Legislative history

- Bill: [H.R. 7523](https://www.congress.gov/bill/86th-congress/house-bill/7523)

## § 11: Tax imposed

- § 11(b): Pub. L. 86–75 substituted “July 1, 1960” for “July 1, 1959” and “June 30, 1960” for “June 30, 1959” wherever appearing.

## § 4251: Imposition of tax

- § 4251: Pub. L. 86–75 designated former provisions as subsec. (a) and added subsec. (b).

## § 4261: Imposition of tax

- § 4261: Pub. L. 86–75 reduced tax on transportation of persons from ten to five percent effective July 1, 1960.

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

- § 5001(a)(1): Pub. L. 86–75, § 3(a)(2), substituted “July 1, 1960” for “July 1, 1959”.
- § 5001(a)(3): Pub. L. 86–75, § 3(a)(3), substituted “July 1, 1960” for “July 1, 1959”.

## § 5041: Imposition and rate of tax

- § 5041(b): Pub. L. 86–75 substituted “July 1, 1960” for “July 1, 1959” in five places.

## § 5051: Imposition and rate of tax

- § 5051(a): Pub. L. 86–75 substituted “July 1, 1960” for “July 1, 1959”.

## § 5701: Rate of tax

- § 5701(c): Pub. L. 86–75 substituted “July 1, 1960” for “July 1, 1959” in two places.

## § 6412: Floor stocks refunds

- § 6412(a)(1): Pub. L. 86–75 substituted “July 1, 1960” for “July 1, 1959” in two places, “October 1, 1960” for “October 1, 1959” and “November 10, 1960” for “November 10, 1959” in two places.