68
STAT.]
PUBLIC LAW
761-SEPT.
1, 1954
amount previously allowed as a deduction under this section shall be included in gross income for the taxable year in which received." (b) The table of sections to part VI of subchapter B of chapter 1 of subtitle A of the Internal Revenue Code of 1954 is amended by adding at the end thereof the following: "SEC. 176. Payments with respect to employees of certain foreign corjwrations."
1097
68A Stat. 45.
TITLE III—PROVISIONS RELATING TO PUBLIC ASSISTANCE TEMPORARY EXTENSION OF 1952 MATCHING FORMULA
SEC. 301. Section 8(e) of the Social Security Act Amendments of 1952 (Public Law 590, Eighty-second Congress) is amended by striking out "September 30, 1954" and inserting in lieu thereof "September 30, 1956".
H^scaolnote.
TEMPORARY EXTENSION OF SPECIAL PROVISION RELATING TO STATE PLANS FOR A I D TO THE BLIND
SEC. 302. Section 344 (M of the Social Security Act Amendments ^^2%^s "1'202a of 1950 (Public Law 734, Eighty-first Congress) is amended by strik- note, ing out "June 30, 1955" and inserting in lieu thereof "June 30, 1957". TECHNICAL AMENDMENTS
SEC. 303. (a) Sections 3(b)(1), 403 (b)(1), and 1003 (b)(1) of the Social Security Act are each amended by striking out "one- goV 1203 ^ ^°^' half" and inserting in lieu thereof "the State's proportionate share". (b) Section 3(b) of such Act is amended (1) by striking out "clause (1) of subsection (a) " wherever it appears and inserting in lieu thereof "subsection (a) ", (2) by striking out "such clause" in paragraph (1) and inserting "such subsection" in lieu thereof, and (3) by striking out "increased by five per centum" immediately before the period at the end of paragraph (3). TITLE IV—MISCELLANEOUS PROVISIONS AMENDMENTS PRESERVING RELATIONSHIP BETWEEN RAILROAD RETIREMENT AND OLD-AGE AND SURVIVORS INSURANCE
SEC. 401. (a) Section 1(q) of the Railroad Retirement Act of 1937, as amended, is amended by striking out "1952" and inserting in lieu thereof "1954". (b) Section 2(c) of the Railroad Retirement Act of 1937, as amended, is amended by striking out "six" and inserting in lieu thereof "twelve"; and subsection (5)(j) of such Act, as amended, is amended by striking out "sixth" and inserting in lieu thereof "twelfth". The amendments made by this subsection shall be applicable only in the case of applications for annuities under the Railroad Retirement Act filed after August 1954; except that no individual shall, by reason of such amendment, be entitled to any annuity for any month prior to February 1954. (c) Section 5(1)(9) of the Railroad Retirement Act of 1937, as amended, is amended by striking out "$3,600" the second time it appears and inserting in lieu thereof "$4,200".
66 stat, 777. ^^ ^^^ ^^^^' 45 USC 228b. 45 USC 228e.
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