# Pub. L. 87-508: changes to the Internal Revenue Code 1962-06-28, 76 Stat. 114. Source: . ## Legislative history - Bill: [H.R. 11879](https://www.congress.gov/bill/87th-congress/house-bill/11879) ## § 11: Tax imposed - § 11(b): Pub. L. 87–508 substituted “July 1, 1963” for “July 1, 1962” and “June 30, 1963” for “June 30, 1962” wherever appearing. ## § 4251: Imposition of tax - § 4251(b)(2): Pub. L. 87–508 substituted “July 1, 1963” for “July 1, 1962” in two places. ## § 4252: Definitions - § 4252: Pub. L. 87–508 limited wire mileage service to service not used in the conduct of a trade or business. ## § 4253: Exemptions - § 4253(j): Pub. L. 87–508 added subsec. (j). ## § 4261: Imposition of tax - § 4261(a), § 4261(b): Pub. L. 87–508, § 5(b), struck out imposition of tax on transportation of persons by rail, motor vehicle, or water and substituted “tax equal to 5 percent of the amount so paid in connection with transportation which begins after November 15, 1962, and before July 1, 1963” for “tax equal to 10 percent of the amount so paid for transportation which begins before November 16, 1962”. - § 4261(a), § 4261(b): Pub. L. 87–508, § 5(a), substituted provisions imposing a tax equal to 10 percent of the amount paid for transportation which begins before Nov. 16, 1962, for provisions imposing a tax equal to 10 percent of the amount paid before July 1, 1962, or 5 percent of the amount paid on or after July 1, 1962. - § 4261(c): Pub. L. 87–508, § 5(b), substituted “tax equivalent to 5 percent of the amount so paid in connection with transportation which begins after November 15, 1962, and before July 1, 1963” for “tax equivalent to 10 percent of the amount so paid in connection with transportation which begins before November 16, 1962”. - § 4261(c): Pub. L. 87–508, § 5(a), substituted provision imposing a tax equivalent to 10 percent of the amount paid in connection with transportation which begins before Nov. 16, 1962 for provision imposing a tax equivalent to 10 percent of the amount paid before July 1, 1962, or 5 percent of the amount paid on or after July 1, 1962. ## § 4262: Definition of taxable transportation - § 4262(a): Pub. L. 87–508 substituted in introductory phrase “subchapter” for “part” and inserted in par. (2) “, but only if such portion is not a part of uninterrupted international air transportation (within the meaning of subsection (c)(3))”. - § 4262(b): Pub. L. 87–508 substituted in introductory phrase “subchapter” for “part”. - § 4262(c)(3): Pub. L. 87–508 added par. (3). ## § 4263: Special rules - § 4263(c): Pub. L. 87–508 provided for payment of tax, in the case of transportation other than transportation described in section 4262(a)(1), to any person furnishing any portion of the transportation. - § 4263(d): Pub. L. 87–508 inserted “by air” after “transportation of any person”. - § 4263(e): Pub. L. 87–508 substituted “subchapter” for “part”. - § 4263(f): Pub. L. 87–508 substituted “subchapter” for “part”, struck out par. (1) designation for provision respecting transportation outside the northern portion of the Western Hemisphere and par. (2) prohibiting consideration as a stop at a port within the United States a stop at an intermediate port at which vessel is not authorized to discharge and take on passengers. ## § 5001: Imposition, rate, and attachment of tax - § 5001(a)(1): Pub. L. 87–508, § 3(a)(3), substituted “July 1, 1963” for “July 1, 1962”. - § 5001(a)(3): Pub. L. 87–508, § 3(a)(4), substituted “July 1, 1963” for “July 1, 1962”. ## § 5041: Imposition and rate of tax - § 5041(b): Pub. L. 87–508 substituted “July 1, 1963” for “July 1, 1962” in five places. ## § 5051: Imposition and rate of tax - § 5051(a): Pub. L. 87–508 substituted “July 1, 1963” for “July 1, 1962”. ## § 5701: Rate of tax - § 5701(c): Pub. L. 87–508 substituted “July 1, 1963” for “July 1, 1962” in two places. ## § 6412: Floor stocks refunds - § 6412(a)(1): Pub. L. 87–508 substituted “July 1, 1963” for “July 1, 1962” in two places, “October 1, 1963” for “October 1, 1962”, and “November 10, 1963” for “November 10, 1962” in two places. ## § 6416: Certain taxes on sales and services - § 6416(b)(2): Pub. L. 87–508 substituted “commuter fare revenue” for “tax-exempt passenger fare revenue” and struck out “(not including the tax imposed by section 4261, relating to the tax on transportation of persons)” after “total passenger fare revenue”. ## § 6421: Gasoline used for certain nonhighway purposes, used by local transit systems, or sold for certain exempt purposes - § 6421(b)(1)(B), § 6421(b)(2): Pub. L. 87–508, § 5(c)(2)(A), substituted “commuter fare revenue” for “tax-exempt passenger fare revenue” in two places and struck out “(not including the tax imposed by section 4261, relating to the tax on transportation of persons)” after “total passenger fare revenue” in two places. - § 6421(d)(2): Pub. L. 87–508, § 5(c)(2)(B), substituted definition of “commuter fare revenue” for definition of “tax-exempt passenger fare revenue”.