# Pub. L. 87-61: changes to the Internal Revenue Code 1961-06-29, 75 Stat. 123. Source: . ## Legislative history - Bill: [H.R. 6713](https://www.congress.gov/bill/87th-congress/house-bill/6713) ## § 4041: Imposition of tax - § 4041(a): Pub. L. 87–61, § 201(a), increased tax on diesel fuel from 3 to 4 cents a gallon, and substituted “a tax of 2 cents a gallon shall be imposed under paragraph (2)” for “a tax of 1 cent a gallon shall be imposed under paragraph (2)”. - § 4041(b): Pub. L. 87–61, § 201(a), increased tax on special motor fuels from 3 to 4 cents a gallon, and substituted “a tax of 2 cents a gallon shall be imposed under paragraph (2)” for “a tax of 1 cent a gallon shall be imposed under paragraph (2)”. - § 4041(c): Pub. L. 87–61, § 201(c), substituted “October 1, 1972” for “July 1, 1972”. - § 4041(f): Pub. L. 87–61, § 201(d), repealed subsec. (f) which authorized a temporary increase in taxes under subsecs. (a) and (b). ## § 4071: Imposition of tax - § 4071(a): Pub. L. 87–61, § 202(a), increased tax from 8 to 10 cents a pound. - § 4071(a): Pub. L. 87–61, § 202(c), increased tax from 9 to 10 cents a pound. - § 4071(a): Pub. L. 87–61, § 202(c), increased tax from 3 to 5 cents a pound. - § 4071(c): Pub. L. 87–61, § 202(d), substituted “October 1, 1972” for “July 1, 1972”, added par. (2), and redesignated former par. (2) as (3). ## § 4081: Imposition of tax - § 4081(a): Pub. L. 87–61, § 201(b), increased tax from 3 to 4 cents a gallon. - § 4081(b): Pub. L. 87–61, § 201(c), substituted “October 1, 1972” for “July 1, 1972.” - § 4081(c): Pub. L. 87–61, § 201(d), repealed subsec. (c) which authorized a temporary increase in tax for the period October 1, 1959, to July 1, 1961. ## § 4218: Use by manufacturer or importer considered sale - § 4218(a): Pub. L. 87–61 inserted sentence making subsection inapplicable in the case of gasoline used by any person, for nonfuel purposes, as a material in the manufacture or production of another article to be manufactured or produced by him. ## § 4221: Certain tax-free sales - § 4221(d)(6): Pub. L. 87–61 added subpar. (C). ## § 4481: Imposition of tax - § 4481(a): Pub. L. 87–61, § 203(a), (b)(2)(A), increased rate of tax from $1.50 to $3.00 a year, and provided for a tax at the rate of 75 cents for each 1,000 pounds during the period beginning on July 1, 1972, and ending on September 30, 1972. - § 4481(c): Pub. L. 87–61, § 203(b)(2)(B), substituted “any taxable period” for “any year”, “after the first month in such period” for “after July 31”, and “the last day in such taxable period” for “the last day of June following”. - § 4481(d): Pub. L. 87–61, § 203(b)(2)(B), made conforming changes to refer to payment of tax for a taxable period instead of payment for a year, and inserted cross reference to section 6156. - § 4481(e): Pub. L. 87–61, § 203(b)(1), substituted “before October 1, 1972” for “after June 30, 1956, and before July 1, 1972”. ## § 4482: Definitions - § 4482(c)(4): Pub. L. 87–61 added par. (4). ## § 6412: Floor stocks refunds - § 6412(a)(2): Pub. L. 87–61, § 206(c), inserted tubes in heading, authorized credit or refund for articles subject to the tax imposed by section 4071(a)(3), prohibited credit or refund with respect to inner tubes for bicycle tires, and substituted “October 1, 1972” for “July 1, 1972” in two places, “February 10, 1973” for “November 10, 1972” in two places, and “January 1, 1973” for “October 1, 1972”. - § 6412(a): Pub. L. 87–61, § 206(d), repealed par. (3) which related to 1961 floor stocks refund on gasoline. ## § 6416: Certain taxes on sales and services - § 6416(b)(2)(E): Pub. L. 87–61, § 205(d), inserted reference to subpar. (F) of par. (3). - § 6416(b)(3): Pub. L. 87–61, § 205(c), added subpar. (F). ## § 6421: Gasoline used for certain nonhighway purposes, used by local transit systems, or sold for certain exempt purposes - § 6421(h): Pub. L. 87–61, substituted “October 1, 1972” for “July 1, 1972”. ## § 6601: Interest on underpayment, nonpayment, or extensions of time for payment, of tax - § 6601(c): Pub. L. 87–61 substituted “6152(a) or 6156(a)” for “6152(a)” in introductory provisions, and “6152(b) or 6156(b), as the case may be” for “6152(b)” in subpar. (A).