48-U.S.C.-1401
§1401 – §§1401 to 1401E. Repealed. Pub. L. 110-40, §1(A), June 29, 2007, 121 Stat. 232
Pathway
Title 48 > Chapter 7 > Subchapter I > Section 1401
Details
- Reference: Section 1401
- Legend: §1401 – §§1401 to 1401E. Repealed. Pub. L. 110-40, §1(A), June 29, 2007, 121 Stat. 232
- USCode Year: 2013
Provision Content
Section 1401, act May 26, 1936, ch. 450, §1, 49 Stat. 1372, set out the policy of Congress to equalize taxes on real property in the Virgin Islands.
Section 1401a, act May 26, 1936, ch. 450, §2, 49 Stat. 1372, related to valuation of real property for assessment and uniformity of rates.
Section 1401b, act May 26, 1936, ch. 450, §3, 49 Stat. 1372, related to rate of tax in absence of local laws and regulations by President for assessment and collection pending adoption of local laws.
Section 1401c, act May 26, 1936, ch. 450, §4, 49 Stat. 1372, provided that taxes were to be deposited in the municipal treasury of the municipality in which collected.
Section 1401d, acts May 26, 1936, ch. 450, §5, 49 Stat. 1372; June 30, 1949, ch. 285, §12, 63 Stat. 356, related to payments to be made by the Virgin Islands Corporation into municipal treasuries of the Virgin Islands in lieu of certain taxes, valuation of real property in the Virgin Islands owned by the Virgin Islands Corporation as a basis for determining the amount of taxation, and payment to be made for any property owned by the United States in the Virgin Islands used for ordinary business or commercial purposes.
Section 1401e, act May 26, 1936, ch. 450, §6, 49 Stat. 1373, related to exemptions from taxation and authority of municipalities to alter, amend, or repeal existing laws.
Effective Date of Repeal
Pub. L. 110–40, §1(b), June 29, 2007, 121 Stat. 232, provided that: This section [repealing sections 1401 to 1401e of this title] shall be deemed to have taken effect on July 22, 1954.
U.S. Encyclopedia of Law Coverage
Subchapter I – General Provisions in the Legal Encyclopedia: Territories
In this entry about Subchapter I – General Provisions, find legal reference material, bibliographies and premiere content related to territories in the American Encyclopedia of Law, presenting a comprehensive view of the United States territories-specific issues, written by authorities in the field.
Chapter 7 – Virgin Islands in the Legal Encyclopedia: Virgin Islands
In this entry about Chapter 7 – Virgin Islands, find legal reference material, bibliographies and premiere content related to virgin islands in the American Encyclopedia of Law, presenting a comprehensive view of the United States virgin islands-specific issues, written by authorities in the field.
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