248
PUBLIC LAW 91-258-MAY 21, 1970
[84 STAT.
" (3) A L L O W A N C E OF CREDIT AGAINST INCOME T A X. — "For allowances of credit against the income tax imposed by subtitle A for fuel used or resold by the purchaser, see section 39.
" (g) REGULATIONS.—The Secretary or his delegate may by regulations prescribe the conditions, not inconsistent with the provisions of this section, under which payments may be made under this section. " (h) CROSS REFERENCES.— "(1) For civil penalty for excessive claims under this section, see section 6675. "(2) For fraud penalties, etc., see chapter 75 (section 7201 and following, relating to crimes, other offenses, and forfeitures)."
79 Stat. 165. 79 Stat. 137.
(b) TiME FOR FiLiNG CLAIMS.—Section 6420(b)(2)(B) (relating to gasoline used on farms), section 6421(c)(3)(A) (ii) (relating to gasoline used for certain nonhighway purposes or by local transit systems), and section 6424(b)(1) (relating to lubricating oil not used in highway vehicles) are each amended by striking out "time prescribed by law for filing an income tax return for such taxable year" and inserting in lieu thereof "time prescribed by law for filing a claim for credit or refund of overpayment of income tax for such taxable year".
26 USC 39 ^'
^^) CREDIT AGAINST INCOME TAX.—Section 39 (relating to certain
Ante, p. 246.
uses of gasoline and lubrication oil) is amended— (1) by inserting ", SPECIAL FUELS," after "GASOLINE" in the heading of such section; (2] by striking out "and" at the end of subsection (a)(2), by striking out the period at the end of subsection (a)(3) and inserting in lieu thereof ", and", and by adding at the end of subsection (a) the following new paragraph: "(4) midcT section 6427 with respect to fuels used for nontaxable purposes or resold during the taxable year (determined without regard to section 6427(f))."; (3) by striking out "6421 or 6424" in subsection (c) and inserting in lieu thereof "6421,6424, or 6427"; and (4) by striking out "6421 (i) or 6424(g)" in subsection (c) and inserting in lieu thereof "6421 (i), 6424(g), or 6427(f)". (d) TECHNICAL AND CONFORMING AMENDMENTS.—
^^79 Stat. 167.
(1) Sectious 874(a), 6201(a)(4), and 6401(b) are each amended by striking out "uses of gasoline and lubricating oil" and inserting in lieu thereof "uses of gasoline, special fuels, and lubricating oil". (2) The heading of section 6201(a)(4) is amended by striking out "FOR USE OF GASOLINE" and inserting in lieu thereof "UNDER SECTION 39".
75 ^'^'- 139-
72 Stat. 1306.
(3) Section 6206 is amended— (A) by striking out "AND 6424" in the heading of such section and inserting in lieu thereof "6424, A N D 6427" ^ (B) by striking out "or 6424" each place it appears in the text of such section and inserting in lieu thereof "6424, or 6427"; and (C) by striking out "by section 4081 (or, in the case of lubricating oil, by section 4091)" and inserting in lieu thereof "by section 4081 (with respect to payments under sections 6420 and 6421), 4091 (with respect to payments under section 6424), or 4041 (with respect to payments under section 6427)". (4) Section 6416(b)(2)(G) is amended by inserting "before July 1, 1970" after "if".
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