Internal Revenue Code – Section 140

Sec. 140. Cross references to other Acts

-STATUTE-

(a) For exemption of -

(1) Allowances and expenditures to meet losses sustained by

persons serving the United States abroad, due to appreciation

of foreign currencies, see section 5943 of title 5, United

States Code.

(2) Amounts credited to the Maritime Administration under

section 9(b)(6) of the Merchant Ship Sales Act of 1946, see

section 9(c)(1) of that Act (50 U.S.C. App. 1742).(!1)

 

(3) Benefits under laws administered by the Veterans'

Administration, see section 5301 of title 38, United States

Code.

(4) Earnings of ship contractors deposited in special

reserve funds, see section 53507 of title 46, United States

Code.

(5) Income derived from Federal Reserve banks, including

capital stock and surplus, see section 7 of the Federal

Reserve Act (12 U.S.C. 531).

(6) Special pensions of persons on Army and Navy medal of

honor roll, see 38 U.S.C. 1562(a)-(c).

(b) For extension of military income tax-exemption benefits

to commissioned officers of Public Health Service in certain

circumstances, see section 212 of the Public Health Service Act

(42 U.S.C. 213).

 

-SOURCE-

(Aug. 16, 1954, ch. 736, 68A Stat. 39, Sec. 121; Aug. 1, 1956, ch.

837, title V, Sec. 501(t), 70 Stat. 885; Pub. L. 85-56, title XXII,

Sec. 2201(25), June 17, 1957, 71 Stat. 160; Pub. L. 85-857, Sec.

13(t), Sept. 2, 1958, 72 Stat. 1266; renumbered Sec. 122, Pub. L.

88-272, title II, Sec. 206(a), Feb. 26, 1964, 78 Stat. 38;

renumbered Sec. 123, Pub. L. 89-365, Sec. 1(a)(1), Mar. 8, 1966, 80

Stat. 32; renumbered Sec. 124, Pub. L. 91-172, title IX, Sec.

901(a), Dec. 30, 1969, 83 Stat. 709; amended Pub. L. 94-455, title

XIX, Sec. 1901(a)(21), Oct. 4, 1976, 90 Stat. 1766; renumbered Sec.

125, Pub. L. 95-618, title II, Sec. 242(a), Nov. 9, 1978, 92 Stat.

3193; renumbered Sec. 126, renumbered Sec. 127, renumbered Sec.

128, Pub. L. 95-600, title I, Secs. 134(a), 164(a), title V,

543(a), Nov. 6, 1978, 92 Stat. 2783, 2811, 2888; amended Pub. L. 96-

222, title I, Sec. 101(a)(3), Apr. 1, 1980, 94 Stat. 195; Pub. L.

96-589, Sec. 6(i)(1), Dec. 24, 1980, 94 Stat. 3410; renumbered Sec.

129, renumbered Sec. 130, Pub. L. 97-34, title I, Sec. 124(e)(1),

title III, Sec. 301(a), Aug. 13, 1981, 95 Stat. 198, 267;

renumbered Sec. 131, renumbered Sec. 132, Pub. L. 97-473, title I,

Secs. 101(b)(1), 102(a), Jan. 14, 1983, 96 Stat. 2605, 2606;

renumbered Sec. 133, renumbered Sec. 134 and amended Pub. L. 98-

369, div. A, title V, Secs. 531(a)(1), 543(a), div. B, title VI,

Sec. 2661(o)(2), July 18, 1984, 98 Stat. 877, 891, 1159; renumbered

Sec. 135, Pub. L. 99-514, title XI, Sec. 1168(a), Oct. 22, 1986,

100 Stat. 2512; renumbered Sec. 136, Pub. L. 100-647, title VI,

Sec. 6009(a), Nov. 10, 1988, 102 Stat. 3688; Pub. L. 102-40, title

IV, Sec. 402(d)(2), May 7, 1991, 105 Stat. 239; Pub. L. 102-83,

Sec. 5(c)(2), Aug. 6, 1991, 105 Stat. 406; renumbered Sec. 137,

Pub. L. 102-486, title XIX, Sec. 1912(a), Oct. 24, 1992, 106 Stat.

3014; renumbered Sec. 138, Pub. L. 104-188, title I, Sec. 1807(b),

Aug. 20, 1996, 110 Stat. 1901; renumbered Sec. 139, Pub. L. 105-33,

title IV, Sec. 4006(a), Aug. 5, 1997, 111 Stat. 331; renumbered

Sec. 140, Pub. L. 107-134, title I, Sec. 111(a), Jan. 23, 2002, 115

Stat. 2432; Pub. L. 109-304, Sec. 17(e)(2), Oct. 6, 2006, 120 Stat.

1708.)

 

-REFTEXT-

REFERENCES IN TEXT

Section 9 of the Merchant Ship Sales Act of 1946 (50 U.S.C. App.

1742), referred to in subsec. (a)(2), was repealed by Pub. L. 94-

412, title V, Sec. 501(g), Sept. 14, 1976, 90 Stat. 1258.

 

 

-MISC1-

AMENDMENTS

2006 - Subsec. (a)(4). Pub. L. 109-304 substituted "section 53507

of title 46, United States Code" for "section 607(d) of the

Merchant Marine Act, 1936 (46 U.S.C. 1177)".

2002 - Pub. L. 107-134 renumbered section 139 of this title as

this section.

1997 - Pub. L. 105-33 renumbered section 138 of this title as

this section.

1996 - Pub. L. 104-188 renumbered section 137 of this title as

this section.

1992 - Pub. L. 102-486 renumbered section 136 of this title as

this section.

1991 - Subsec. (a)(3). Pub. L. 102-40 substituted "5301" for

"3101".

Subsec. (a)(6). Pub. L. 102-83 substituted "1562(a)-(c)" for

"562(a)-(c)".

1988 - Pub. L. 100-647 renumbered section 135 of this title as

this section.

1986 - Pub. L. 99-514 renumbered section 134 of this title as

this section.

1984 - Pub. L. 98-369, Secs. 531(a)(1), 543(a), successively

renumbered sections 132 and 133 of this title as this section.

Subsec. (a)(6) to (8). Pub. L. 98-369, Sec. 2661(o)(2), struck

out par. (6) relating to railroad retirement annuities and

pensions, struck out par. (7) relating to railroad unemployment

benefits, and redesignated par. (8) as (6).

1983 - Pub. L. 97-473 successively renumbered sections 130 and

131 of this title as this section.

1981 - Pub. L. 97-34 successively renumbered sections 128 and 129

of this title as this section.

1980 - Subsec. (a). Pub. L. 96-589 redesignated pars. (2) to (9)

as (1) to (8), respectively. Former par. (1), relating to section

1079 of title 11 for adjustments of indebtedness under wage

earners' plans, was struck out.

Subsec. (a)(8). Pub. L. 96-222 substituted "benefits which are

not includible in gross income under section 85," for "benefits,

see".

1978 - Pub. L. 95-600 successively renumbered sections 125, 126,

and 127 of this title as this section.

Pub. L. 95-618 renumbered section 124 of this title as this

section.

1976 - Subsec. (a). Pub. L. 94-455, Sec. 1901(a)(21), struck out

pars. (4), (5), (6), (9), (10), (11), (12), (13), and (17) relating

to: benefits under World War Adjustment Compensation Act; benefits

under World War Veteran's Act 1924; dividends and interest derived

from certain preferred stock by Reconstruction Finance Corporation;

income derived from Ogdensburg bridge; income derived from

Owensburg bridge and ferries; income from Saint Clair River bridge

and ferries; leave compensation payments under section 6 of Armed

Forces Leave Act of 1946; mustering-out payments under Mustering-

Out Payment Act of 1944; and gain derived from sale or other

disposition of Treasury Bills issued after June 17, 1930, under the

Second Liberty Bond Act, respectively, renumbered pars. (7), (8),

(14), (15), (16), and (18) as pars. (5), (6), (7), (8), (9), and

(4), respectively, struck out references to Statutes at Large, and

updated cross references to the United States Code.

Subsec. (b). Pub. L. 94-455, Sec. 1901(a)(21), struck out "58

Stat. 689;" after "Health Service Act".

1969 - Pub. L. 91-172 renumbered section 123 of this title as

this section.

1966 - Pub. L. 89-365 renumbered section 122 of this title as

this section.

1964 - Pub. L. 88-272 renumbered section 121 of this title as

this section.

1958 - Subsec. (a)(18). Pub. L. 85-857 substituted "section 3101

of title 38, United States Code" for "section 1001 of the Veterans'

Benefits Act of 1957".

1957 - Subsec. (a)(18). Pub. L. 85-56 substituted provisions

relating to benefits under laws administered by Veterans'

Administration, for provisions which related to dependency and

indemnity compensation.

1956 - Subsec. (a). Act Aug. 1, 1956, added par. (18) relating to

dependency and indemnity compensation.

 

-CHANGE-

CHANGE OF NAME

Reference to Veterans' Administration deemed to refer to

Department of Veterans Affairs pursuant to section 10 of Pub. L.

100-527, set out as a Department of Veterans Affairs Act note under

section 301 of Title 38, Veterans' Benefits.

 

 

-MISC2-

EFFECTIVE DATE OF 1984 AMENDMENT

Amendment by section 2661(o)(2) of Pub. L. 98-369 effective as

though included in the enactment of the Social Security Amendments

of 1983, Pub. L. 98-21, see section 2664(a) of Pub. L. 98-369, set

out as a note under section 401 of Title 42, The Public Health and

Welfare.

 

EFFECTIVE DATE OF 1980 AMENDMENTS

Amendment by Pub. L. 96-589 effective Oct. 1, 1979, but not to

apply to proceedings under Title 11 commenced before Oct. 1, 1979,

see section 7 of Pub. L. 96-589, set out as a note under section

108 of this title.

Amendment by Pub. L. 96-222 effective, except as otherwise

provided, as if it had been included in the provisions of the

Revenue Act of 1978, Pub. L. 95-600, to which such amendment

relates, see section 201 of Pub. L. 96-222, set out as a note under

section 32 of this title.

 

EFFECTIVE DATE OF 1976 AMENDMENT

Amendment by Pub. L. 94-455 applicable with respect to taxable

years beginning after Dec. 31, 1976, see section 1901(d) of Pub. L.

94-455, set out as a note under section 2 of this title.

 

EFFECTIVE DATE OF 1958 AMENDMENT

Amendment by Pub. L. 85-857 effective Jan. 1, 1959, see section 2

of Pub. L. 85-857, set out as an Effective Date note preceding Part

I of Title 38, Veterans' Benefits.

 

-FOOTNOTE-

 

(!1) See References in Text note below.

 

 

-End-