An Act to suspend until the close of June 30, 1975, the duty on certain carboxymethyl cellulose salts, and for other purposes.
Public Law 93-483 · H.R. 12035 · 93rd Congress · began in the House
Signed by Gerald Ford (R) on Oct 26, 1974 · Foreign Trade and International Finance
Sponsor: Rep. Andrew Young (D-GA-5)
Cosponsors: None
Passage votes
- HouseMethod not stated
- SenateMethod not stated
Data notes
The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.
Summary
The Congressional Research Service’s plain-language summary of what the law does.
Suspends until the close of June 30, 1975, the duty on specified carboxymethyl cellulose sodium salts.
Revises the Internal Revenue Code by extending the time allowed charitable remainder trusts to conform to the requirements of the Tax Reform Act for purposes of an estate tax deduction.
Revises the Internal Revenue Code by allowing writers of lease guarantee insurance and insurance guaranteeing the debt service of municipal bond issues to deduct additions to their contingency reserves in accordance with the treatment of such additions currently provided for mortgage guaranty insurance.
Excludes from gross income, under the Internal Revenue Code, funds received under the Armed Forces health professions scholarship program.
Allows penalties incurred from premature withdrawal of funds from time certificate savings accounts to be deducted in calculating gross income under the Internal Revenue Code.
Committees
The committees the bill was sent to, and what each did with it.
Data notes
A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.
Timeline
From introduction to signing, newest first: the committees, the floor and the president. 21 actions.
- Oct 26, 1974Became lawBecame law · Signed by President.
- PresidentPresident · Public law 93-483.
- Oct 17, 1974PresidentPresident · Measure presented to President.
- Oct 15, 1974Resolving differencesResolving differences · Senate agreed to House amendments to certain Senate amendments.
- Resolving differencesResolving differences · Senate agreed to conference report.
- Resolving differencesResolving differences · Conference report agreed to in Senate: Senate agreed to conference report.
- Oct 11, 1974Resolving differencesResolving differences · House receded and concurred with an amendment in certain Senate amendments.
- Resolving differencesResolving differences · House receded and concurred in certain Senate amendments.
- Resolving differencesResolving differences · House agreed to conference report.
- Resolving differencesResolving differences · Conference report agreed to in House: House agreed to conference report.
- Oct 1, 1974Resolving differencesResolving differences · Conference report filed in House, H. Rept. 93-1405.
- Resolving differencesResolving differences · Conference report filed: Conference report filed in House, H. Rept. 93-1405.
- Aug 14, 1974Resolving differencesResolving differences · Conference scheduled in House.
- Aug 13, 1974Resolving differencesResolving differences · Conference scheduled in Senate.
- FloorFloor · Measure passed Senate, amended.
- Aug 1, 1974CommitteeCommittee · Reported by Senate Finance Committee
- May 8, 1974CommitteeCommittee · Referred to Senate Finance Committee
- May 7, 1974FloorFloor · Measure passed House, amended.
- Apr 11, 1974CommitteeCommittee · Reported by House Ways and Means Committee
- Dec 19, 1973CommitteeCommittee · Referred to House Ways and Means Committee
- IntroducedIntroduced · Introduced in the House
Data notes
Shows the introduction, each committee and subcommittee step the source dates (referral, hearings, markup, report, discharge), and the floor, conference, presidential and became-law steps. Calendar placements, messages between the chambers, amendments and committee report numbers are not shown for laws before the 108th Congress. Two entries the source lists twice are shown once.
Official record
The bill’s full text and every action, including introduction and committee steps, are on Congress.gov. Data through Oct 7, 2026.