
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 26USC4411]

 
                     TITLE 26--INTERNAL REVENUE CODE
 
                 Subtitle D--Miscellaneous Excise Taxes
 
                      CHAPTER 35--TAXES ON WAGERING
 
                     Subchapter B--Occupational Tax
 
Sec. 4411. Imposition of tax


(a) In general

    There shall be imposed a special tax of $500 per year to be paid by 
each person who is liable for the tax imposed under section 4401 or who 
is engaged in receiving wagers for or on behalf of any person so liable.

(b) Authorized persons

    Subsection (a) shall be applied by substituting ``$50'' for ``$500'' 
in the case of--
        (1) any person whose liability for tax under section 4401 is 
    determined only under paragraph (1) of section 4401(a), and
        (2) any person who is engaged in receiving wagers only for or on 
    behalf of persons described in paragraph (1).

(Aug. 16, 1954, ch. 736, 68A Stat. 527; Pub. L. 93-499, Sec. 3(b), Oct. 
29, 1974, 88 Stat. 1550; Pub. L. 97-362, title I, Sec. 109(b), Oct. 25, 
1982, 96 Stat. 1731.)


                               Amendments

    1982--Pub. L. 97-362 designated existing provisions as subsec. (a), 
in subsec. (a), as so designated, substituted ``liable for the tax 
imposed'' for ``liable for tax'', and added subsec. (b).
    1974--Pub. L. 93-499 substituted ``$500'' for ``$50''.


                    Effective Date of 1982 Amendment

    Section 109(c)(2) of Pub. L. 97-362 provided that: ``The amendment 
made by subsection (b) [amending this section] shall take effect on July 
1, 1983.''


                    Effective Date of 1974 Amendment

    Amendment by Pub. L. 93-499 effective Dec. 1, 1974, and applicable 
only with respect to wagers placed on or after such date, see section 
3(d)(1) of Pub. L. 93-499, set out as a note under section 4401 of this 
title.


Persons Engaged in Activities on December 1, 1974, Requiring Payment of 
     Tax; Persons Paying Tax and Registering Before December 1, 1974

    Section 3(d)(2) of Pub. L. 93-499, as amended by Pub. L. 99-514, 
Sec. 2, Oct. 22, 1986, 100 Stat. 2095, provided that:
    ``(A) Any person who, on December 1, 1974, is engaged in an activity 
which makes him liable for payment of the tax imposed by section 4411 of 
the Internal Revenue Code of 1986 [formerly I.R.C. 1954] (as in effect 
on such date) shall be treated as commencing such activity on such date 
for purposes of such section and section 4901 of such Code.
    ``(B) Any person who, before December 1, 1974.--
        ``(i) became liable for and paid the tax imposed by section 4411 
    of the Internal Revenue Code of 1986 (as in effect on July 1, 1974) 
    for the year ending June 30, 1975, shall not be liable for any 
    additional tax under such section for such year, and
        ``(ii) registered under section 4412 of such Code (as in effect 
    on July 1, 1974) for the year ending June 30, 1975, shall not be 
    required to reregister under such section for such year.''

                  Section Referred to in Other Sections

    This section is referred to in sections 4901, 4903, 4907 of this 
title.
