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26 U.S.C. 2521: Repealed. Pub. L. 94–455, title XX, § 2001(b)(3) , Oct. 4, 1976 , 90 Stat. 1849Text contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 26-INTERNAL REVENUE CODECHAPTER 12-GIFT TAX
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§2521. Repealed. Pub. L. 94–455, title XX, § 2001(b)(3) , Oct. 4, 1976 , 90 Stat. 1849

Section, act Aug. 16, 1954, ch. 736, 68A Stat. 410, allowed a deduction, in the case of a citizen or resident, an exemption of $30,000, less amounts claimed and allowed for calendar year 1932 and calendar years intervening between that year and year for which tax is being computed.