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Act of 1917.

Act of 1916.

Act of 1913.

Act of 1921.

Act of 1918.

Act of 1924. formance of such penal bond is ance of such penal bond is no sary, such bonds so deposited, no longer necessary, such bonds longer necessary, such bonds or shall be returned to the deposior notes so deposited shall be notes so deposited, shall be re- tor: Provided, That in case a returned to the depositor: Pro- turned to the depositor: Pro- person or persons supplying a vided, That in case a person or vided, That in case a person or contractor with labor or material persons supplying a contractor persons supplying a contractor as provided by the Act of Conwith labor or material as pro- with labor or material as pro- gress, approved February 24, vided by the Act of Congress, vided by the Act of Congress, 1905 (33 Stat., 811), entitled approved February 24, 1905 (33 approved February 24, 1905 (33 "An Act to amend an Act apStat. 811), entitled "An Act to Stat., 811), entitled "An Act to proved August thirteenth, amend an Act approved August amend an Act approved August eighteen hundred and ninetythirteenth, eighteen hundred and thirteenth, eighteen hundred and four, entitled 'An Act for the ninety-four, entitled 'An Act for ninety-four, entitled 'An Act protection of persons furnishing the protection of persons fur- for the protection of persons materials and labor for the connishing materials and labor for furnishing materials and labor struction of public works,' the construction of public for the construction of public shall file with the obligee, at any works, shall file with the ob- works, '"' shall file with the obli-time after a default in the perligee, at any time after a default gee, at any time after a default formance of any contract subin the performance of any con- in the performance of any con- ject to said Acts, the application tract subject to said Acts, the tract subject to said Acts, the and affidavit therein provided, application and affidavit therein application and affidavit therein the obligee shall not deliver to provided, the obligee shall not provided, the obligee shall not the obligor the deposited bonds deliver to the obligor the de- deliver to the obligor the depos- nor any surplus proceeds thereposited bonds or notes nor any ited bonds or notes nor any sur- of until the expiration of the surplus proceeds thereof until plus proceeds thereof until the time limited by said Acts for the the expiration of the time limited expiration of the time limited by institution of suit by such perby said Acts, for the institution said Acts for the institution of son or persons, and, in case suit of suit by such person or per- suit by such person or persons, shall be instituted within such sons, and, in case suit shall be and, in case suit shall be insti- time, shall hold said bonds or instituted within such time, shall tuted within such time, shall proceeds subject to the order of hold said bonds or notes or pro- hold said bonds or notes or pro- the court having jurisdiction ceeds subject to the order of the ceeds subject to the order of the thereof: Provided further, That court having jurisdiction there- court having jurisdiction there- nothing herein contained shall of: Provided further, That noth- of: Provided further, That noth- affect or impair the priority of ing herein contained shall affect ing herein contained shall affect the claim of the United States or impair the priority of the or impair the priority of the against the bonds deposited or claim of the United States claim of the United States any right or remedy granted by against the bonds or notes de- against the bonds or notes depos- said Acts or by this section to posited or any right or remedy ited or any right or remedy the United States for default granted by said Acts or by this granted by said Acts or by this upon any obligation of said section to the United States for section to the United States for penal bond: Provided further, default upon any obligation of default upon any obligation of That all laws inconsistent with said penal bond: Provided fur- said penal bond: Provided fur- this section are hereby so modither, That all laws inconsistent ther, That all laws inconsistent fied as to conform to the prowith this section are hereby so with this section are hereby so visions hereof: And provided modified as to conform to the modified as to conform to the further, That nothing contained provisions hereof: And provided provisions hereof: And provided herein shall affect the authority further, That nothing contained further, That nothing contained of courts over the security, herein shall affect the authority herein shall affect the authority where such bonds are taken as of courts over the security, where of courts over the security, security in judicial proceedings, such bonds are taken as security where such bonds are taken as or the authority of any adminin judicial proceedings, or the security in judicial proceedings, istrative officer of the United authority of any administrative or the authority of any adminis- States to receive United States officer of the United States to trative officer of the United bonds for security in cases aureceive United States bonds for States to receive United States thorized by existing laws. The security in cases authorized by bonds for security in, cases au- Secretary may prescribe rules existing laws. The Secretary thorized by existing laws. The and regulations necessary and may prescribe rules and regula- Secretary may prescribe rules proper for carrying this section tions necessary and proper for and regulations necessary and into effect.

Act of 1917.

Act of 1916.

Act of 1913.

Act of 1924.

Act of 1921.

Act of 1918.

carrying this section into effect. proper for carrying this section

into effect.

TAX SIMPLIFICATION BOARD.

SEC. 1327. (a) That there is SEC. 1301. (d) (1) There is hereby established in the De- hereby created a board to be partment of the Treasury a known as the "Advisory Tax board to be known as the "Tax Board," hereinafter called the Simplification Board" (herein- Board, and to be composed of after in this section called the not to exceed six members to "Board"), to be composed as be appointed by the Commisfollows:

(1) Three members who shall represent the public, to be appointed by the President; and

(2) Three members who shall represent the Bureau of Internal Revenue and shall be officers or employees of the United States serving in such Bureau, to be appointed by the Secretary.

sioner with the approval of the Secretary. The Board shall cease to exist at the expiration of two years after the passage of this Act, or at such earlier time as the Commissioner with the approval of the Secretary may designate.

Vacancies in the membership of the Board shall be filled in SEC. 1327. (b) Any vacancy the same manner as an original in the Board shall be filled in appointment. Any member the same manner as the original shall be subject to removal by appointment. The members rep- the Commissioner with the apresenting the public shall serve proval of the Secretary. The without compensation except re- Commissioner with the approval imbursement for traveling, sub- of the Secretary shall designate sistence, and other necessary the chairman of the Board. Each expenses incurred in the per- member shall receive an annual formance of the duties vested in salary of $9,000, payable them by this section. The mem- monthly, together with actual bers representing the Bureau of necessary expenses when absent Internal Revenue shall serve from the District of Columbia without compensation in addi- on official business. tion to that received for their service in such Bureau.

(2) The Commissioner may, and on the request of any taxSEC. 1327. (c) The Secretary payer directly interested shall, shall furnish the Board with submit to the Board any quessuch clerical assistance, quarters and stationery, furniture, office equipment, and other supplies as may be necessary for the performance of the duties vested in them by this section.

tion relating to the interpreta-
tion or administration of the
income, war-profits or
profits tax laws, and the Board
shall report its findings and
recommendations to the Commis-

sioner.

SEC. 1327. (d) It shall be the duty of the Board to investigate (3) The Board shall have its the procedure of and the forms office in the Bureau of Internal used by the Bureau in the ad- Revenue in the District of Coministration of the internal-lumbia. The expenses and salrevenue laws, and to make aries of members of the Board recommendations in respect to shall be audited, allowed, and the simplification thereof. The paid out of appropriations for Board shall make a report to collecting internal revenue, in the Congress on or before the the same manner as expenses and first Monday of December in each year.

SEC. 1327. (e) The expenditures of the Board shall be paid!

salaries of employees of the Bureau of Internal Revenue are audited, allowed, and paid.

(4) The Board shall have the

Act of 1917.

Act of 1916.

Act of 1913.

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