[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[S. 179 Introduced in Senate (IS)]

103d CONGRESS
  1st Session
                                 S. 179

       To tax 9 millimeter, .25 caliber, and .32 caliber bullets.


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                   IN THE SENATE OF THE UNITED STATES

             January 21 (legislative day, January 5), 1993

 Mr. Moynihan introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

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                                 A BILL


 
       To tax 9 millimeter, .25 caliber, and .32 caliber bullets.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,
That this Act may be cited as the ``Real Cost of Ammunition Act.''

SEC. 101. INCREASE IN TAX ON CERTAIN BULLETS.

    (a) In General.--Section 4181 of the Internal Revenue Code of 1986 
(relating to the imposition of tax on firearms, etc.) is amended by 
adding at the end the following new flush sentence:
``In the case of 9 millimeter, .25 caliber, or .32 caliber ammunition, 
the rate of tax under this section shall be 1,000 percent.''.
    (b) Exemption for Law Enforcement Purposes.--Section 4182 of the 
Internal Revenue Code of 1986 (relating to exemptions) is amended by 
adding at the end the following new subsection:
    ``(d) Law Enforcement.--The last sentence of section 4181 shall not 
apply to any sale (not otherwise exempted) to, or for the use of, the 
United States (or any department, agency, or instrumentality thereof) 
or a State or political subdivision thereof (or any department, agency, 
or instrumentality thereof).''.
    (c) Effective Date.--The amendments made by this section shall 
apply to sales after December 31, 1995.

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