Page:United States Statutes at Large Volume 82.djvu/293

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[82 STAT. 251]
[82 STAT. 251]
PUBLIC LAW 90-000—MMMM. DD, 1968

82 STAT. I

PUBLIC LAW 90-364-JUNE 28, 1968


sidered a reference to the day for the observance of such holiday prescribed in such amended section 6103(a). SEC. 2. The amendment made by subsection (a) of the first section of this Act shall take effect on January 1, 1971. Approved June 28, 1968.

Effective date.

Public Law 90-364 AN ACT To increase revenues, to limit expenditures and new obligational authority, and for other purposes. Be it enacted by the Senate and House of Representatives United States of America in Congress assembled. •'


June 28, 1968 [H. R. 15414]

of the


^ Revenue and Expenditure Con-


  • '°^ ^"^ °^ ^^'^

(a) SHORT TITLE.—This Act may be cited as the "Revenue and Expenditure Control Act of 1968". (b)



TITLE I—INTERNAL REVENUE CODE AMENDMENTS Sec. Sec. Sec. Sec. Sec. See. Sec. Sec. Sec. Sec.

101. Amendment of existing law. 102. Imposition of tax surcharge. 103. Payment of estimated tax by corporations. 104. Special rules for application of sections 102 and 103. lOo. Continuation of excise taxes on communication services and on automobiles. 106. Timely mailing of deposits. 107. Industrial development bonds. 108. Advertising in a political convention program. 109. Tax-exempt status of certain hospital service organizations. 110. Submission of proposals for tax reform. TITLE II—EXPENDITURE AND RELATED CONTROLS

Sec. 201. Limitation on the number of civilian officers and employees in the executive branch. Sec. 202. Reduction of $6 billion in expenditures during fiscal year 1960. Sec. 203. Reduction of $10 billion in new obligational authority. Sec. 204. Specific recommendations for $8 billion rescission in old obligational authority. Sec. 20.5. Application of certain formulas. TITLE III—SOCIAL SECURITY ACT AMENDMENTS Sec. 301. Limitation on number of children with respect to whom Federal payments may be made under program of aid to families with dependent children. Sec. 302. Aid to families with dependent children in case of unemployed fathers receiving unemployment compensation. Sec. 303. Federal payments under medical assistance program for certain services includible under supplementary medical insurance program. TITLE I—INTERNAL R E V E N U E CODE AMENDMENTS SEC. 101. AMENDMENT OF EXISTING LAW. Except as otherwise expressly provided, whenever in this title an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Internal Revenue Code of 1954. SEC. 102. IMPOSITION OF TAX SURCHARGE. (a) IMPOSITION OF TAX.—Subchapter A of chapter 1 (relating to determination of tax liability) is amended by inserting at the end thereof the following new part:

68A Stat. 4. 26 USC 1-48.