Tax exemption of gifts, etc., to Library of Congress
About This Law
/us/usc/t2/s161
Title
2 — The Congress
Chapter
CH5
Release
119-84
Release Date
2026-04-17
Section Text
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Gifts or bequests or devises to or for the benefit of the Library of Congress, including those to the board, and the income therefrom, shall be exempt from all Federal taxes, including all taxes levied by the District of Columbia.
(Mar. 3, 1925, ch. 423, § 5, 43 Stat. 1108; Oct. 2, 1942, ch. 576, 56 Stat. 765.)
Editorial Notes
Amendments1942—Act Oct. 2, 1942, included devises in the exemptions, and exempted gifts, bequests and devises, and the income therefrom, from taxes levied by the District of Columbia.
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