80 STAT.]
PUBLIC LAW 8 9 - 3 6 6 - M A R. 10, 1966
the individual who made the election under such chapter died after attaining retirement age." (d) The amendments made by subsections (a) and (b) shall apply with respect to taxable years ending after December 31, 1965. The amendment made by subsection (c) shall apply with respect to individuals making an election under chapter 73 of title 10 of the United States Code who die after December 31, 1965. SEC. 2. (a) Section 2039(c) of the Internal Revenue Code of 1954 (relating to exclusion from gross estate of annuities under certain trusts and plans) is amended— (1) Dy striking out "or" at the end of paragraph (2), by striking out the period at the end of paragraph (3) and inserting in lieu thereof "; or", and by adding at the end thereof the following new paragraph: "(4) chapter 73 of title 10 of the United State Code."; (2) by striking out "or under a contract described in paragraph (3) " in the second sentence and inserting in lieu thereof ", under a contract described in paragraph (3), or under chapter 73 of title 10 of the United States Code"; and (3) by inserting at the end thereof the following new sentence: "For purposes of this subsection, amounts payable under chapter 73 of title 10 of the United States Code are attributable to payments or contributions made by the decedent only to the extent of amounts deposited by him pursuant to section 1438 of such title 10." (b)(1) Section 2517(a) of such Code (relating to gift tax treatment of certain annuities under qualified plans) is amended by striking out "or" at the end of paragraph (2), by striking out the period at the end of paragraph (3) and inserting in lieu thereof "; or", and by adding at the end thereof the following new paragraph: " (4) chapter 73 of title 10 of the United States Code." (2) The first sentence of section 2517(b) of such Code (relating to transfers attributable to employee contributions) is amended by inserting "(other than paragraph (4)) " after "referred to in subsection (a)". (c) The amendments made by subsection (a) shall apply with respect to decedents dying after December 31, 1965. The amendments made by subsection (b) shall apply with respect to calendar years after 1965. Approved March 8, 1966.
33
10 USC 14311446.
70A Stat. 110.
Public Law 89-366 AN ACT
March 10, 196(5
To provide for the establishment of the Cape Lookout National Seashore in the State of North Carolina, and for other purposes.
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Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled. That in order to ^^P^ Lookout preserve for public use and enjoyment an area in the State of North NX'.°"^ ^^^ °'^' Carolina possessing outstanding natural and recreational values, Establishment. there is hereby authorized to be established the Cape Lookout National Seashore (hereinafter referred to as "seashore"), which shall comprise the lands and adjoining marshlands and waters on the outer banks of Carteret County, North Carolina, between Ocracoke Inlet and Beaufort Inlet, as generally depicted on the map entitled "Proposed Boundaries—Proposed Cape Lookout National Seashore", dated
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