109 HR 6177 IH: To establish the United States Postal Service Memorial U.S. House of Representatives 2006-09-26 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I 109th CONGRESS 2d Session H. R. 6177 IN THE HOUSE OF REPRESENTATIVES September 26, 2006 Mr. Owens introduced the following bill; which was referred to the Committee on Government Reform, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To establish the United States Postal Service Memorial Fund for the benefit of the families of Joseph Curseen, Jr. and Thomas Morris, Jr. of the United States Postal Service.

1.

Establishment of the United States Postal Service Memorial Fund

There is hereby established in the Treasury of the United States a fund to be known as the United States Postal Service Memorial Fund (hereinafter in this Act referred to as the Fund), into which there shall be deposited all amounts received by the United States Postal Service which are designated for deposit into the Fund.

2.

Payments from Fund for families of Joseph Curseen, Jr. and Thomas Morris, Jr

Subject to the regulations issued under section 4, amounts in the Fund shall be paid to the families of Joseph Curseen, Jr. and Thomas Morris, Jr. of the United States Postal Service, as follows: (1)Fifty percent of such amounts shall be paid to the widow and children of Joseph Curseen, Jr. (2)Fifty percent of such amounts shall be paid to the widow and children of Thomas Morris, Jr.

3.

Tax treatment of Fund

(a)

Contributions to Fund

For purposes of the Internal Revenue Code of 1986, any contribution or gift to or for the use of the Fund shall be treated as a contribution or gift for exclusively public purposes to or for the use of an organization described in section 170(c)(1) of such Code. (b)

Treatment of payments from Fund

Any payment from the Fund shall not be subject to any Federal, State, or local income or gift tax. (c)

Exemption

For purposes of the Internal Revenue Code of 1986, notwithstanding section 501(c)(1)(A) of such Code, the Fund shall be treated as described in section 501(c)(1) of such Code and exempt from tax under section 501(a) of such Code.

4.

Administration by United States Postal Service

The United States Postal Service shall administer and manage the Fund (including establishing the timing and manner of making payments under section 2) in accordance with regulations issued by the Postal Service, subject to the approval of the Committee on Homeland Security and Governmental Affairs of the Senate and the Committee on Government Reform of the House of Representatives. Under such regulations, the Postal Service shall pay any balance remaining in the Fund upon the expiration of the 6-month period which begins on the date of the enactment of this Act to the families of Joseph Curseen, Jr. and Thomas Morris, Jr. in accordance with section 2, and shall disburse any amount in the Fund after the expiration of such period in such manner as the Postal Service shall establish.