Page:United States Statutes at Large Volume 83.djvu/560

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[83 STAT. 532]
[83 STAT. 532]
PUBLIC LAW 91-000—MMMM. DD, 1969

532 26 USC ^°^^' 80 Stat. 6 1.

68A Stat. 877,

Ante, p. 515.

68A Stat. 163.

PUBLIC LAW 91-172-DEC. 30, 1969

[83 STAT.

^^^^ Section 6679(b) (relating to deficiency procedures not to apply) is amended by striking out "and gift taxes" and inserting in lieu thereof "gift, and chapter 42 taxes". (55) Section 6682(b) (relating to deficiency procedures not to apply) is amended by striking out "and gift taxes" and inserting in lieu thereof "gift, and chapter 42 taxes". (56) Section 7422(e) (relating to stay of proceeding in civil actions for refund) is amended b}^ striking out "or gift tax" the first time it appears and inserting in lieu thereof "gift tax, or tax imposed by chapter 42". (57) Section 7454 (relating to burden of proof in fraud and transferee cases) is amended— (A) by striking out " F R A U D A N D TRANSFER E E C A S E S " and inserting in lieu thereof " F R A U D, FOUNDAT I O N MANAGER, AND TRANSFER E E C A S E S ", (B) by redesignating subsection (b) as subsection (c), and (C) by inserting after subsection (a) the following new subsection: "(b) FOUNDATION- MANAGERS.—In any proceeding involving the issue whether a foundation manager (as defined in section 4946(b)) has 'knowingly' participated in an act of self-dealing (within the meaning of section 4941), participated in an investment which jeopardizes the carrying out of exempt purposes (within the meaning of section 4944), or agreed to the making of a taxable expenditure (within the meaning of section 4945), the burden of proof in respect of such issue shall be upon the Secretary or his delegate." (58) The table of parts for subchapter F of chapter 1 is amended to read as follows: "Subchapter F.—Exempt Organizations

68A Stat. 473.

68A Stat. 163. 68A Stat. 770. 68A Stat. 767.

"Part I. General rule. "Part II. Private foundations. "Part III. Taxation of business income of certain exempt organizations. "Part IV. Farmers' cooperatives. "Part V. Shipowners' protection and indemnity associations." (59) The table of chapters for subtitle D is amended by adding at the end thereof the following new item: "Chapter 42. Private foundations." (60) The table of sections for subchapter B of chapter 68 is amended by adding at the end thereof the following new items: "Sec. 6684. Repeated liability for tax under chapter 42. "Sec. 6685. Assessable penalties with respect to private foundation annual reports." (g^) The table of sections for part I of subchapter F of chapter 1 is amended by striking out the item relating to section 504. ^g2) The heading of subchapter B of chapter 63 is amended by striking out "and Gift T a x e s " and inserting in lieu thereof "Gift, and Certain Excise Taxes". ^gg) The table of subchapters for chapter 63 is amended by striking out "and gift taxes" in the item relating to subchapter B and inserting in lieu thereof "gift, and certain excise taxes".