PUBLIC LAW 94-12—MAR. 29, 1975
89 STAT. 67
(c) COORDINATION W I T H OTHER FEDERAL PROGRAMS.—Any payment
made by the Secretary of the Treasury under this section to any individual shall not be regarded as income (or, in the calendar year 1975, as a resource) of such individual (or of the family of which he is a member) for purposes of a n j Federal or State program which undertakes to furnish aid or assistance to individuals or families, where eligibility to receive such aid or assistance (or the amount of such aid or assistance) under such program is based on the need therefor of the individual or family involved. The requirement imposed by the preceding sentence shall be treated as a condition for Federal financial participation in any State (or local) welfare program for any calendar quarter commencing after the date of enactment of this Act. (d) APPROPRIATIONS AUTHORIZATION.—There are hereby authorized to be appropriated, out of any funds in the Treasury not otherwise appropriated, such sums as may be necessary to carry out the provisions of this section. (e) PAYMENT NOT To B E CONSIDERED INCOME.—Payments made under this section shall not be considered as gross income for purposes of the Internal Revenue Code of 1954. 26 USC 1 et xeq. Approved March 29, 1975.
LEGISLATIVE HISTORY: HOUSE REPORT No. 94-19 (Comm. on Ways and Means). SENATE REPORT No. 94-36 (Comm. on Finance). CONGRESSIONAL RECORD, Vol. 121 (1975): Feb. 27, considered and passed House. Mar. 18-22, considered and passed Senate, amended. Mar. 26, House and Senate agreed to conference report. WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 11, No. 14: Mar. 29, Presidential statement.
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