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26 U.S.C. 7240: Repealed. Pub. L. 101–508, title XI, § 11801(c)(22)(D)(i) , Nov. 5, 1990 , 104 Stat. 1388–528Text contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 26-INTERNAL REVENUE CODECHAPTER 75-CRIMES, OTHER OFFENSES, AND FORFEITURES
Jump To: Statutory Notes and Related SubsidiariesSavings Provision

§7240. Repealed. Pub. L. 101–508, title XI, § 11801(c)(22)(D)(i) , Nov. 5, 1990 , 104 Stat. 1388–528

Section, acts Aug. 16, 1954, ch. 736, 68A Stat. 861; Oct. 4, 1976, Pub. L. 94–455, title XIX, § 1904(b)(6)(A), 90 Stat. 1815, set forth penalties for persons who invested or speculated in sugar while acting in any official capacity in the administration of former chapter 37 of this title.

Statutory Notes and Related Subsidiaries

Savings Provision

For provisions that nothing in repeal by Pub. L. 101–508 be construed to affect treatment of certain transactions occurring, property acquired, or items of income, loss, deduction, or credit taken into account prior to Nov. 5, 1990, for purposes of determining liability for tax for periods ending after Nov. 5, 1990, see section 11821(b) of Pub. L. 101–508, set out as a note under section 45K of this title.