PUBLIC LAWS--CHS. 279, 280-OCT. 26, 1943 53 Stat. 14. 26U.S.C. 23(m). 56 Stat. 904. 26 U. . C., Supp. II, § 711 (a) (1) (I). 66 Stat. 905. 26 U. S. C., Supp. II, § 735. Ante, p. 575 . 56 Stat. 904. 26 U. S. C., Supp. 11, § 711 (a) (2) (K). 56 Stat. 905. 26 U. S. C., Supp. II, § 735. Ante, p. 575. Effective date. 66 Stat. 904, 907. 26 U S. C., Supp. 1, §§ 711, 735 notes. ments made by any agency of the United States Government on account of the production in excess of a specified quota of: "(1) A mineral product or timber, the exhaustion of which gives rise to an allowance for depletion under section 23 (m), but such amount shall not exceed the net income (computed with the allowance for depletion) attributable to the output in excess of such quota; or "(2) A mineral product extracted or recovered from mine tailings by a corporation which owns no economic interest in the mineral property from which the ore containing such tailings was mined, but such amount shall not exceed the net income attributable to the output in excess of such quota." SEC. 2 . Section 711 (a) (1) (I) of the Internal Revenue Code is amended to read as follows: "(I) Nontaxable Income of Certain Industries.-In the case of a producer of minerals, or a producer of logs or lumber from a timber block, as defined in section 735, there shall be excluded nontaxable income from exempt excess out- put of mines and timber blocks and nontaxable bonus income provided in section 735. In respect of nontaxable bonus income provided in section 735 (c), a corporation described in section 735 (c) (2) shall be deemed a producer of minerals for the purposes of this subparagraph." SEC. 3 . Section 711 (a) (2) (K) of the Internal Revenue Code is amended to read as follows: "(K) Nontaxable Income of Certain Industries.-In the case of a producer of minerals, or a producer of logs or lumber from a timber block, as defined in section 735, there shall be excluded nontaxable income from exempt excess out- put of mines and timber blocks and nontaxable bonus income provided in section 735. In respect of nontaxable bonus income provided in section 735 (c), a corporation described in section 735 (c) (2) shall be deemed a producer of minerals for the purposes of this subparagraph." SEC. 4. The amendments made by this Act shall be effective as if they were a part of section 209 of the Revenue Act of 1942 on the date of its enactment. Approved October 26, 1943. [CHAPTER 280] October 26, 1943 [H. R. 3208] [Public Law 173] District of Colum- bia. Pipe lines for steam- heating purposes. AN ACT To permit construction, maintenance, and use of certain pipe lines for steam- heating purposes in the District of Columbia. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Commis- sioners of the District of Columbia be, and are hereby, authorized and empowered to grant permission to Lansburgh and Brother, a corporation organized under the laws of the District of Columbia and doing business in said District, and the owner of lots 819, 803, 817, and 804, square 431, all on the east side of Eighth Street Northwest, between D and E Streets, and lots 17, 810, and 811, square 407, all on the west side of Eighth Street Northwest, between D and E Streets, and all in the District of Columbia, its successors and assigns, to lay down, construct, maintain, and use not more than two pipe lines for the carriage of steam heat, together with necessary return pipes, from a point within said lot 819, square 431, across Eighth Street Northwest, to a point within said lot 17, square 407. 576 [57 STAT.
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