2 U.S.C.
United States Code, 2010 Edition
Title 2 - THE CONGRESS
CHAPTER 5 - LIBRARY OF CONGRESS
Sec. 161 - Tax exemption of gifts, etc., to Library of Congress
From the U.S. Government Printing Office, www.gpo.gov

§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, §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.