Internal Revenue Code:(Sec. 4241 to 4243. Repealed. Pub. L. 89-44, title III, Sec. 301, June 21, 1965, 79 Stat. 145)

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Location in Internal Revenue Code

     TITLE 26 - INTERNAL REVENUE CODE
      Subtitle D - Miscellaneous Excise Taxes
       CHAPTER 33 - FACILITIES AND SERVICES
        (Subchapter A - Repealed)
      

Statute

    (Sec. 4241 to 4243. Repealed. Pub. L. 89-44, title III, Sec. 301,
        June 21, 1965, 79 Stat. 145)
 

Miscellaneous

      Section 4241, acts Aug. 16, 1954, ch. 736, 68A Stat. 501; Sept.
    2, 1958, Pub. L. 85-859, title I, Sec. 132(a), 72 Stat. 1288; Sept.
    21, 1959, Pub. L. 86-344, Sec. 3(b), 73 Stat. 618, imposed a tax on
    dues or membership fees, initiation, fees, and life memberships in
    social, athletic, or sporting clubs or organizations.
      Section 4242, act Aug. 16, 1954, ch. 736, 68A Stat. 501, defined
    dues and initiation fees as used in section 4241.
      Section 4243, acts Aug. 16, 1954, ch. 736, 68A Stat. 502; Sept.
    2, 1958, Pub. L. 85-859, title I, Sec. 132(b), 72 Stat. 1288; Sept.
    21, 1959, Pub. L. 86-344, Sec. 3(a), 73 Stat. 618, granted
    exemptions to fraternal organizations, payments for capital
    improvements, and nonprofit swimming or skating facilities.
                          EFFECTIVE DATE OF REPEAL
      Repeal applicable with respect to dues and membership fees
    attributable to periods beginning on or after January 1, 1966,
    initiation fees and amounts paid for life memberships attributable
    to memberships beginning on or after January 1, 1966, initiation
    fees paid on or after July 1, 1965, to a new club or organization
    first making its facilities available to members on or after such a
    date, and, in the case of amounts described in section 4243(b) of
    this title, 3-year periods beginning on or after January 1, 1966,
    see section 701(b)(1) of Pub. L. 89-44, set out as an Effective
    Date of 1965 Amendment note under section 4291 of this title.