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48 U.S.C. § 1396 — Duties and taxes covered into Virgin Islands treasury

submitted 109 years ago by ch. 171 to r/title-48-TERRITORIES-AND-INSULAR-POSSESSIONS · 55 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section directs that specified duties and taxes be used for the government and benefit of the Virgin Islands. They must not enter the United States Treasury’s general fund.

The duties and taxes collected in pursuance of sections 1394 and 1395 of this title must not be covered into the general fund of the Treasury of the United States, but must be used and expended for the government and benefit of the Virgin Islands, under such rules and regulations as the President can prescribe.
the actual law source: uscode.house.gov ↗public domain

The duties and taxes collected in pursuance of sections 1394 and 1395 of this title shall not be covered into the general fund of the Treasury of the United States, but shall be used and expended for the government and benefit of the Virgin Islands, under such rules and regulations as the President may prescribe.

Source credit: (Mar. 3, 1917, ch. 171, § 5, 39 Stat. 1133.)

history & why it existsrecord from the source credit
  • 1917Enacted · Act of Mar. 3, 1917, ch. 171 · 39 Stat. 1133

A history note hasn’t been published yet. The record shows enactment by ch. 171 on 1917-03-03.

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