Page:United States Statutes at Large Volume 61 Part 1.djvu/343

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

61 STAT.] 80TH CONG. , 1ST SESS.--HS. 244,245-JULY 12, 14 ,1947 319 "'ARTICLE VIII "'This compact shall expire September 1, 1937. But any State joining herein may, upon sixty (60) days notice, withdraw herefrom. "'The representatives of the signatory States have signed this agreement in a single original which shall be deposited in the archives of the Department of State of the United States, and a duly certified copy shall be forwarded to the Governor of each of the signatory States. " 'This compact shall become effective when ratified and approved as provided in Article I. Any oil producing State may become a party hereto by affixing its signature to a counterpart t be similarly deposited, certified, and ratified.' "WHEREAS, the said Interstate Compact to Conserve Oil and Gas has heretofore been duly renewed and extended with the consent of the Congress to September 1, 1947; and, "WHEREAS, it is desired to renew and extend the said Inter- state Compact to Conserve Oil and Gas for a period of four (4) years from September 1, 1947, to September 1, 1951; "NOW, THEREFORE, THIS WRITING WITNESSETH: "It is hereby agreed that the Compact entitled "'AN INTERSTATE COMPACT TO CONSERVE OIL AND GAS' executed in the City of Dallas, Texas, on the 16th day of February, 1935, and now on deposit with the Department of State of the United States, a correct copy of which appears above, be, and the same hereby is, extended for a period of four (4) years from September 1, 1947, its present date of expiration. This agreement shall become effective when executed, ratified, and approved as provided in Article I of the original Compact. "The signatory states have executed this agreement in a single original which shall be deposited in the archives of the Department of State of the United States and a duly certified copy thereof shall be forwarded to the Governor of each of the signatory states. Any oil producing state may become a party hereto by executing a counterpart of this agreement to be similarly deposited, certiied, and ratified. "EXECUTED as of the first day of February, 1947, by the several undersigned states, at their several capitols, through their proper officials as duly authorized by statutes and resolutions, sub- ject to the limitations and qualifications of the acts of the respective State Legislatures." SEC. 2 . The right to alter, amend, or repeal the provisions of section 1 is hereby expressly reserved. Approved July 12, 1947. [CHAPTER 245 AN ACT AAC July 14, 1947 To amend section 3179 (b) of the Internal Revenue Code. IH. R.959] [Public Law 185] Be it enacted by the Senate and House of Representatives of the United States of America in Congress assenbled, That subsection (b) of section 3179 of the Internal Revenue Code is amended to read as 23.c .tat:379). follows: "(b) DRAWBACK.- Upon the exportation of distilled spirits and Distilledspirits nd wines manufactured or produced in the United States on which an internal-revenue tax has been paid, and which are contained in any