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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 09:52:37 -04:00

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LegalText 2 U.S.C. § 1953 Tax treatment of Fund us united_states_code code_section 2 THE CONGRESS 29 CAPITOL POLICE 1953 2 U.S.C. § 1953 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc02@119-100.zip /us/usc/t2/s1953 data/legal/raw/us/code/title-02/usc02.xml d138cb5e4d210c721a07aa30f67d4f85d522de3d3b6dcee79fc8d163d9c9f4a8 ec6910a011de0a97d11b263bbcd649766188311e429ae6bdb5fc2cf5e6ebbb9e 602b58ea6cd2bec69c309b7bb2844740af98b3c9246cc2457df56e36892b0f87 2026-07-04 official
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2 U.S.C. § 1953 - Tax treatment of Fund

Text

(a) Contributions to Fund For purposes of title 26, any contribution or gift to or for the use of the Fund shall be treated as a contribution or gift for exclusively public purposes to or for the use of an organization described in section 170(c)(1) of title 26.

(b) Treatment of payments from Fund Any payment from the Fund shall not be subject to any Federal, State, or local income or gift tax.

(c) Exemption For purposes of title 26, notwithstanding section 501(c)(1)(A) of title 26, the Fund shall be treated as described in section 501(c)(1) of title 26 and exempt from tax under section 501(a) of title 26.

(Pub. L. 105223, § 3, Aug. 7, 1998, 112 Stat. 1250.)

Notes

Editorial Notes

Codification Section was classified to section 207c2 of former Title 40, prior to the enactment of Title 40, Public Buildings, Property, and Works, by Pub. L. 107217, § 1, Aug. 21, 2002, 116 Stat. 1062.