
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 40USC207c-2]

 
             TITLE 40--PUBLIC BUILDINGS, PROPERTY, AND WORKS
 
                 CHAPTER 2--CAPITOL BUILDING AND GROUNDS
 
Sec. 207c-2. Tax treatment of Fund


(a) Contributions to Fund

    For purposes of title 26, any contribution or gift to or for the use 
of the Fund shall be treated as a contribution or gift for exclusively 
public purposes to or for the use of an organization described in 
section 170(c)(1) of title 26.

(b) Treatment of payments from Fund

    Any payment from the Fund shall not be subject to any Federal, 
State, or local income or gift tax.

(c) Exemption

    For purposes of title 26, notwithstanding section 501(c)(1)(A) of 
title 26, the Fund shall be treated as described in section 501(c)(1) of 
title 26 and exempt from tax under section 501(a) of title 26.

(Pub. L. 105-223, Sec. 3, Aug. 7, 1998, 112 Stat. 1250.)

                  Section Referred to in Other Sections

    This section is referred to in section 207c of this title.
