73d C ONGRESS . SESS. II. CH. 157 . APRIL 21, 1934 .
603 (c) The certificate of exemption shall specify the amount of cotton Amount exempted to exempt from t he tax under secti on 4 ( e) (2) .
be stated . (d) Any and all certificates of exemption may be transferred or Transfer, etc., al- assigned in whole or in part in such manner as the Secretary of lo wed. Agriculture may prescribe and shall be issued with detachable cou pons or in such other form or forms to be prescribed by the Secretary of Agriculture as will facilitate such transfer or assignment . Any Penalty provisions . person who, in violation of the regulations made by the Secretary of Agriculture . (1) secures certificates of exemption or bale tags from another b y sharp p ractices, or (2) s peculates in certi ficates o f exemp tion or bale tags, and any person securing certificates of exemption or bale tags from another person by fraud or coercion shall, upon conviction thereof, be fined not more than $1,000 or sentenced to not more than one year's imprisonment, or both . IDENTIFICATION OF TAX-PAID OR EXEMPT COTTON SEC . 10 . (a) Upon the payment of the tax on any cotton, or the surrender of exemption certificates covering cotton, the collector receiving such payment or certificates shall deliver to the person so paying or surrendering an appropriate number of bale tags which shall be affixed to such cotton . (b) All cotton imported from a foreign country (including the Philippine Islands, the Virgin Islands, American Samoa, the Canal Zone, and the island of Guam) shall be packed and stamped, tagged, or othe rwise identi fied, in add ition to any import stamp indic ating inspection at the customhouse, before such cotton is withdrawn therefrom . (c) Every person who, at the time the tax becomes effective in any crop year, holds for sale (or use in the manufacture or produc- tion of a n article intended for sale ) any lin t cotton in bales harvested during a year with respect to which the tax was not in effect may, upon application within fifteen days after the tax becomes effective, and any publicly owned experimental station or agricultural labora- tory may, upon application at the time of ginning cotton harvested by it, receive an appropriate number of bale tags . Such bale tags shall be promptly af fixed to the bales of lint cotton so held . (d) In the case of any cotton in existence at the beginning of any cr op yea r with respe ct to which the ta x becom es eff ective and o wned, held, or controlled by the United States, or any department or agency thereof, the Commissioner shall supply bale tags theref or free of charge, upon application by the head of the department or agency . Upon ap plicat ion of the S ecreta ry of Agricul ture, bale t ags sh all be issued free of charge for cotton held in the 1933 Cotton Producers' Pool . Bale tags issued under this section shall be securely affixed to such cotton . DE STR UCT ION OF ME ANS OF IDENTIFICATION SEC . 1 1 . Every person emptying or breaking any bale stamped, ta gged, or otherwise identifi ed under the prov isions of this Act shall, at the time of emptying or breaking such bale, destroy the bale tag . REGULATIONS BY THE COMMISSIONER SEc . 12. The Commissioner, with the approval of the Secretary of the T reasur y, sha ll pre scribe (a) r egulati ons wi th res pect t o the time and manner of applying for, issuing, affixing, and destroying bale tags, and the method of accounting for receipts from the sale of and for the use of such bale tags, and (b) such other regulations as I denti ficat ion o f tax paid, etc ., cotton. Bale tag to be affixed . Identifying, etc ., im- ported cotton. Holders of lint cotton previously harvested . Publicly owned, etc . Cotton held by United statue, etc . Held in 1933 Cotton Producers' Pool . Destruction of means of identification . Requirement on breaking, etc ., bale. Regulations to be prescribed.
