Notes on 12 U.S.C. § 1748 : US Code - Notes

Search Notes on 12 U.S.C. § 1748 : US Code - Notes

(June 27, 1934, ch. 847, title VIII, Sec. 801, as added Aug. 8,
1949, ch. 403, Sec. 1, 63 Stat. 570; amended July 14, 1952, ch.
723, Sec. 10(a)(2), 66 Stat. 603; Aug. 11, 1955, ch. 783, title IV,
Sec. 401, 69 Stat. 646; Aug. 7, 1956, ch. 1029, title V, Sec. 501,
70 Stat. 1109; Pub. L. 86-70, Sec. 10(a), June 25, 1959, 73 Stat.
142; Pub. L. 86-624, Sec. 6, July 12, 1960, 74 Stat. 411; Pub. L.
90-19, Sec. 1(a)(3), May 25, 1967, 81 Stat. 17.)
REFERENCES IN TEXT
For definition of Canal Zone, referred to in subsec. (g), see
section 3602(b) of Title 22, Foreign Relations and Intercourse.
AMENDMENTS
1967 - Subsec. (b). Pub. L. 90-19 substituted "Secretary" for
"Commissioner".
1960 - Subsec. (g). Pub. L. 86-624 struck out "Hawaii," before
"Puerto Rico".
1959 - Subsec. (g). Pub. L. 86-70 struck out "Alaska," before
"Hawaii".
1956 - Subsec. (g). Act Aug. 7, 1956, inserted reference to Canal
Zone and Midway Island.
1955 - Act Aug. 11, 1955, inserted definitions of "housing
accommodations" and "personnel" and included the Coast Guard in
definition of "military".
1952 - Subsec. (f). Act July 14, 1952, inserted "Guam," after
"District of Columbia,".
SAVINGS PROVISION
Section 408 of act Aug. 11, 1955, as amended by act Aug. 7, 1956,
Sec. 511, provided that: "Notwithstanding the provisions of section
401 of this Act [amending this subchapter], the provisions of title
VIII of the National Housing Act [this subchapter] in effect prior
to the enactment of the Housing Amendments of 1955 [August 11,
1955] shall continue in full force and effect with respect to all
mortgages insured pursuant to a certification by the Secretary of
Defense or his designee made on or before June 30, 1955, and a
commitment to insure issued on or before June 30, 1956 or pursuant
to a certification by the Atomic Energy Commission or its designee
made on or before June 30, 1956, except that the maximum dollar
amount for each such mortgage shall be $12,500,000.] Nothing
contained in the provisions of title VIII of the National Housing
Act [this subchapter] in effect prior to August 11, 1955 or any
related provision of law, shall be construed to exempt from State
or local taxes or assessments the interest of a lessee from the
Federal Government in or with respect to any property covered by a
mortgage insured under such provisions of title VIII: Provided,
That, no such taxes or assessments (not paid or encumbering such
property or interest prior to June 15, 1956) on the interest of
such lessee shall exceed the amount of taxes or assessments on
other similar property of similar value, less such amount as the
Secretary of Defense or his designee determines to be equal to (1)
any payments made by the Federal Government to the local taxing or
other public agencies involved with respect to such property, plus
(2) such amount as may be appropriate for any expenditures made by
the Federal Government or the lessee for the provision or
maintenance of streets, sidewalks, curbs, gutters, sewers,
lighting, snow removal or any other services or facilities which
are customarily provided by the State, county, city, or other local
taxing authority with respect to such other similar property: And
provided further, That the provisions of this section shall not
apply to properties leased pursuant to the provisions of section
805 of the National Housing Act [12 U.S.C. 1748d] as amended on or
after August 11, 1955, which properties shall be exempt from State
or local taxes or assessments."
TRANSFER OF FUNCTIONS
For transfer of authorities, functions, personnel, and assets of
the Coast Guard, including the authorities and functions of the
Secretary of Transportation relating thereto, to the Department of
Homeland Security, and for treatment of related references, see
sections 468(b), 551(d), 552(d), and 557 of Title 6, Domestic
Security, and the Department of Homeland Security Reorganization
Plan of November 25, 2002, as modified, set out as a note under
section 542 of Title 6.
COAST GUARD
Subchapter as applicable to Coast Guard, see section 1594e of
Title 42, The Public Health and Welfare.