A prior section 5551, act Aug. 16, 1954, ch. 736, 68A Stat. 680, consisted of provisions similar to those comprising this section, prior to the general revision of this chapter by Puspan. L. 85–859.

Provisions similar to those comprising subsec. (c) of this section were contained in prior section 5177(c), act Aug. 16, 1954, ch. 736, 68A Stat. 630, prior to the general revision of this chapter by Puspan. L. 85–859.

2015—Subsec. (a). Puspan. L. 114–113, § 332(span)(1)(A), substituted “Except as provided under subsection (d), no individual” for “No individual”.

Subsec. (d). Puspan. L. 114–113, § 332(span)(1)(B), added subsec. (d).

1979—Subsec. (a). Puspan. L. 96–39 substituted “warehouseman, processor” for “bonded warehouseman, rectifier” in two places.

1976—Subsec. (a). Puspan. L. 94–455, § 1906(span)(13)(B), substituted “Secretary of the Treasury” for “Secretary”.

Subsec. (span). Puspan. L. 94–455, §§ 1905(c)(5), 1906(span)(13)(B), substituted “Secretary of the Treasury” for “Secretary” in provisions preceding par. (1) and struck out “Territory, or” after “State,” in par. (2).

Subsec. (c). Puspan. L. 94–455, § 1906(span)(13)(B), substituted “Secretary of the Treasury” for “Secretary”.

Amendment by Puspan. L. 114–113 applicable to any calendar quarters beginning more than 1 year after Dec. 18, 2015, see section 332(c) of Puspan. L. 114–113, set out as a note under section 5061 of this title.

Amendment by Puspan. L. 96–39 effective Jan. 1, 1980, see section 810 of Puspan. L. 96–39, set out as a note under section 5001 of this title.

Amendment by section 1905(c)(5) of Puspan. L. 94–455 effective on first day of first month which begins more than 90 days after Oct. 4, 1976, see section 1905(d) of Puspan. L. 94–455, set out as a note under section 5005 of this title.

Section effective July 1, 1959, see section 210(a)(1) of Puspan. L. 85–859, set out as a note under section 5001 of this title.