§ 161. — Tax exemption of gifts, etc., to Library of Congress.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 2USC161]
TITLE 2--THE CONGRESS
CHAPTER 5--LIBRARY OF CONGRESS
Sec. 161. Tax exemption of gifts, etc., to Library of Congress
Gifts or bequests or devises to or for the benefit of the Library of
Congress, including those to the board, and the income therefrom, shall
be exempt from all Federal taxes, including all taxes levied by the
District of Columbia.
(Mar. 3, 1925, ch. 423, Sec. 5, 43 Stat. 1108; Oct. 2, 1942, ch. 576, 56
Stat. 765.)
Amendments
1942--Act Oct. 2, 1942, included devises in the exemptions, and
exempted gifts, bequests and devises, and the income therefrom, from
taxes levied by the District of Columbia.
Section Referred to in Other Sections
This section is referred to in section 160 of this title; title 26
section 2055.