77TH CONG., 2D SESS.-CH. 619-OCT. 21, 1942 SEC. 504. CHANGE OF NAME OF BOARD OF TAX APPEALS. (a) THE TAX COURT OF THE UNITED STATES. -E f fective on the day after the date of enactment of this Act, section 1100 (relating to status of Board of Tax Appeals) is amended by inserting at the end thereof the following new sentence: "The Board shall be known as The Tax Court of the United States and the members thereof shall be known as the presiding judge and the judges of The Tax Court of the United States." (b) POWERS, TENURE, ETC., UNCHANGED.- T he jurisdiction, powers and duties of The Tax Court of the United States, its divisions and its officers and employees, and their appointment, including the desig- nation of its officers, and the immunities, tenure of office, powers duties, rights, and privileges of the presiding judge and judges of The Tax Court of the United States shall be the same as by existing law provided in the case of the Board' of Tax Appeals. The Com- missioner shall continue to be represented by the same counsel in the same manner before the Court as he has heretofore been repre- sented in proceedings before the Board of Tax Appeals and the taxpayer shall continue to be represented in accordance with rules of practice prescribed by the Court. No qualified person shall be denied admission to practice before such Court because of his failure to be a member of any profession or calling. (c) REFERENCEs. -A l l references in any statute (except this sec- tion), or in any rule, regulation, or order, to the "Board of Tax Appeals" or to the "Board" when used in the sense of "Board of Tax Appeals", or to the "member", "members", or "chairman" thereof shall be considered to be made to The Tax Court of the United States, the judge, judges, and presiding judge thereof, respectively. SEC. 505. REQUIREMENT OF FILING NOTICE OF LIEN. Section 3672 (a) (relating to requirement of filing notice of lien for taxes) is amended to read as follows: "(a) INVALIDTrr OF LIEN WITHOUT NOTICE. -Such lien shall not be valid as against any mortgagee, pledgee, purchaser, or judgment creditor until notice thereof has been filed by the collector- "(1) UNDER STATE OR TERRITORIAL LAWS.- In the office in which the filing of such notice is authorized by the law of the State or Territory in which the property subject to the lien is situated, whenever the State or Territory has by law authorized the filing of such notice in an office within the State or Territory; or "(2) WITH CLERK OF DISTRICT COURT.- In the office of the clerk of the United States district court for the judicial district in which the property subject to the lien is situated, whenever the State or Territory has not by law authorized the filing of such notice in an office within the State or Territory; or "(3) WITH CLERK OF DISTRICT COURT OF THE UNITED STATES FOR THE DISTRICT OF COLUMBIA.-In the office of the clerk of the Dis- trict Court of the United States for the District of Columbia, if the property subject to the lien is situated in the District of Columbia." SEC. 506. MISCELLANEOUS AMENDMENTS TO STAMP TAX PROVI- SIONS. (a) BONDS, ETC., ISSUED BY RECEIE.- --Section 1801 (relating to stamp tax on issuance of corporate obligations) is amended by insert- ing at the end thereof the following new sentence: "Obligations described in this section issued by any receiver, trustee in bankruptcy assignee, or other person, having custody of property, or charge of 957 53 Stat. 158. 26 U.S. C. I 1100. 53 Stat. 449. 2 U.S . C. 13672(a). 53 Stat. 195. 26U. 8. C., Supp.I, 1 1801 56 STAT.]
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