(a). Section 302 in part (44 Stat. 70).
Second sentence, defining, for purposes of the estate tax, the term "made in contemplation of death" as including the value, over $5,000, of property transferred by a decedent, by trust, etc., without full consideration in money or money's worth, "within 2 years prior to his death but after the enactment of this act", although "not admitted or shown to have been made in contemplation of or intended to take effect in possession or enjoyment at or after his death", held as applied to a transfer completed wholly between the living, spoliation without due process of law under the Fifth Amendment.
Heiner v. Donnan, 285 U.S. 312 (March 21, 1932).
(b). Section 701 in part (44 Stat. 95).
Provision imposing a special excise tax of $1,000 on liquor dealers in States where such business is illegal, held a penalty, without constitutional support following repeal of the Eighteenth Amendment.
United States v. Constantine, 296 U.S. 287 (December 9, 1935).
61. Act of March 20, 1933 (48 Stat. 11, sec. 17, in part).
Clause in the Economy Act of 1933 providing "* * * all laws granting or pertaining to yearly renewable term insurance are hereby repealed", held invalid to abrogate an outstanding contract of insurance, which is a vested right protected by the Fifth Amendment.
Lynch v. United States, 292 U.S. 571 (June 4, 1934).
62. Act of May 12, 1933 (48 Stat. 31).