Page:United States Statutes at Large Volume 74.djvu/79

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[74 Stat. 39]
PUBLIC LAW 86-000—MMMM. DD, 1960
[74 Stat. 39]

74

STAT.]

as

PUBLIC LAW 86-419-APR. 9, 1960

(b) Paragraph (3) of such section 6416(b) is amended— (1) by striking out "subparagraph (B), (C), or (D) " in subparagraph (A) and inserting in lieu thereof "subparagraph (B), (C), (D), o r (E) "; and (2) by striking out "or" at the end of subparagraph (C), by striking out the period at the end of subparagraph (D) and inserting in lieu thereof "; or", and by inserting after subparagraph ^D) the following new subparagraph: " (E) in the case of— " (i) a bicycle tire (as defined in section 4221(e)(4) " (u) an inner tube for such a tire, such article is used by the second manufacturer or producer as material in the manufacture or production of, or as a component part of, a bicycle (other than a rebuilt or reconditioned bicycle)." SEC. 4. The amendments made by this Act shall apply only with respect to bicycle tires and tubes sold by the manufacturer, producer, or importer thereof on or after the first day of the first month which begins more than 10 days after the date of the enactment of this Act. Approved April 8, 1960.

Effective date.

[For additional Public Law approved on April 8, 1960, s e e Public Law 86-422 on page 41.]

Public Law 86-419 AN ACT To amend section 334 of the Agricultural Adjustment Act of 1938, as amended, to provide that for certain purposes of this section, farms on which the farm marljeting excess of wheat is adjusted to zero because of underproduction shall be regarded as farms on which the entire amount of the farm marketing excess of wheat has been delivered to the Secretary or stored to avoid or postpone the payment of the penalty.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 334 of the Agricultural Adjustment Act of 1938, as amended, is further amended by inserting a new subsection (d) between subsections (c) and (e) to read as follows: " (d) For the purposes of subsections (a), (b), and (c) of this section, any farm— "(1) to which a wheat marketing quota is applicable; and "(2) on which the acreage planted to wheat exceeds the farm wheat acreage allotment; and "(3) on which the marketing excess is zero shall be regarded as a farm on which the entire amount of the farm marketing excess has been delivered to the Secretary or stored in accordance with applicable regulations to avoid or postpone the payment of the penalty. This subsection shall be applicable in establishing the acreage seeded and diverted and the past acreage of wheat for 1959 and subsequent years in the apportionment of allotments beginning with the 1961 crop of wheat. For the purpose of clause (1) of this subsection, a farm with respect to which an exemption has been granted under section 335(f) for any year shall not be regarded as a farm to which a wheat marketing quota is applicable for such year, even though such exemption should become null and void because of a violation of the conditions of the exemption." Approved April 9, 1960.

April 9, 1960 [H. R. 4874]

Wheat. 56 Stat. 52; 72 iStat. 996. 7 USC 1334.

7 USC 1335.