544, R.S. § 5215; act Mar. 3, 1883, ch. 121, § 1,22 Stat. 488, related to half-yearly return of circulation.
545, R.S. § 5216; act Mar. 3, 1883, ch. 121, § 1,22 Stat. 488, related to penalty for failure to make return.
546, R.S. § 5217, related to enforcing tax on circulation.
547, R.S. § 5218; act June 10, 1921, ch. 18, § 304,42 Stat. 24, related to refunding excess tax.
Effective July 1, 1935, the permanent appropriation provided for in former section
547 of this title was repealed by act June 26, 1934, ch. 756, § 2,48 Stat. 1226, such act authorizing in lieu thereof, an annual appropriation from the general fund of the Treasury.
Redemption of Bonds; Termination of Circulating Notes
In a communication from the Treasury Department dated February 17, 1941, it was stated “The Secretary of the Treasury called for redemption the only outstanding issues of United States bonds bearing the circulation privilege as follows:
“2% Consols. of 1930, as of July 1, 1935,
“2% Panama Canal bonds of 1916–36, and
“2% Panama Canal bonds of 1918–38, as of August 1, 1935.
“The retirement of these issues automatically put an end to National Bank note circulation and the collection of the tax thereon.”
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Friday, May 3, 2013
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Description of Change
Statutes at Large
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