The processing tax authorized by section 609 of this title, when levied upon cotton, shall be payable ninety days after the filing of the processor’s report: Provided, That, under regulations to be prescribed by the Secretary of the Treasury, the time for payment of such tax upon cotton may be extended, but in no case to exceed six months from the date of the filing of the report.
(May 17, 1935, ch. 131, title I, § 2, 49 Stat. 281.)
Editorial Notes
Codification
Section was not enacted as part of the Agricultural Adjustment Act which comprises this chapter.
ConstitutionalityUnconstitutionality of processing and floor stock taxes, see note set out under section 616 of this title.
Statutory Notes and Related Subsidiaries
SeparabilityValidity of remainder of this chapter as not affected should any of the provisions of this chapter be declared unconstitutional, see section 614 of this title.
Take Action
Your position
Add a comment
to comment on this section.
Annotate the text
Highlight any passage on the Full Text tab to attach a note. Annotations appear on the Annotations tab.