[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3039 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 3039

To amend the Internal Revenue Code of 1986 to repeal the excise tax on 
                       luxury passenger vehicles.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 9, 1993

 Mr. Hoagland introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to repeal the excise tax on 
                       luxury passenger vehicles.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. REPEAL OF LUXURY TAX ON PASSENGER VEHICLES.

    (a) In General.--Chapter 31 of the Internal Revenue Code of 1986 
(relating to retail excise taxes) is amended by striking subchapter A.
    (b) Conforming Amendments.--
            (1) Subsection (c) of section 4221 of such Code is amended 
        by striking ``4001(c), 4001(d), or''.
            (2) Subsection (d) of section 4222 of such Code is amended 
        by striking ``4001(c), 4001(d),''.
            (3) The table of subchapters for chapter 31 of such Code is 
        amended by striking the item relating to subchapter A.
    (c) Effective Date.--The amendments made by this section shall take 
effect on January 1, 1993.

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