Page:United States Statutes at Large Volume 78.djvu/1128

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[78 STAT. 1086]
PUBLIC LAW 88-000—MMMM. DD, 1964
[78 STAT. 1086]

1086

Motor v e h i c l e tax, exemptions. 68A Stat. 482. 26 USC 4063.

26 USC 4062.

Radio and t e l e v i s i o n components. 72 Stat. 1278. 26 USC 4142.

PUBLIC LAW 88-654-OCT. 13, 1964

[78 STAT.

month which begins more than 10 days after the date on which this Act is enacted. SEC. 5. (a) Section 4063 of the Internal Revenue Code of 1954 (relating to exemptions from the tax on motor vehicles) is amended by adding at the end thereof the following new subsection: "(c) REBUILT PARTS AND ACCESSORIES.—Under regulations prescribed by the Secretary or his delegate, the tax imposed under section 4061(b) shall not apply in the case of rebuilt parts or accessories." (b) Section 4062 of such Code (relating to definitions) is amended by striking out subsection (b). (c) The amendments made by this section shall apply with respect to articles sold on or after the first day of the first calendar quarter which begins after the date of the enactment of this Act. SEC. 6. (a) Section 4142 of the Internal Revenue Code of 1954 (relating to definition of radio and television component) is amended— \{1) by striking out the heading of such section and inserting in lieu thereof "SEC. 4142. DEFINITIONS."; (2) by inserting before "As" the following: " (a) RADIO AND TELEVISION COMPONENT.—"; and

(3) by adding at the end thereof the following new subsection: "(b) SALE PRICE OF REBUILT TELEVISION PICTURE TtjBES.—In determining the sale price of a rebuilt television picture tube, there shall be excluded from the price, in accordance with regulations prescribed by the Secretary or his delegate, the value of a television picture tube accepted in exchange." (b) The table of sections for part I of subchapter C of chapter 32 of such Code is amended by striking out "Sec. 4142. Definition of radio and television component."

and inserting in lieu thereof "Sec. 4142. Definitions."

(c) The amendments made by this section shall apply with respect to articles sold on or after the first day of the first calendar quarter which begins after the date of the enactment of this Act. Approved October 13, 1964. Public Law 88-654 October 13, 1964 [S. 2180]

Optometry. L o a n s to students. 77 Stat. 170. 42 USC 294.

AN ACT To amend title VII of the Public Health Service Act so as to extend to qualified school of optometry and students of optometry those provisions thereof relating to student loan programs.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That (a) section 740(a) of the Public Health Service Act is amended by striking out "or dentistry" and inserting "dentistry, or optometry". (b) Section 740(b)(4) of such Act is amended by striking out "or doctor of osteopathy" and inserting "doctor of osteopathy, or doctor of optometry or an equivalent degree". (c) Section 741(b) of such Act is amended by striking out "or doctor of osteopathy" and inserting "doctor of osteopathy, or doctor of optometry or an equivalent degree". (d) Section 741(c) of such Act is amended by striking out "or dentistry" and inserting "dentistry, or optometry". Approved October 13, 1964.