[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2001 Introduced in House (IH)]







107th CONGRESS
  1st Session
                                H. R. 2001

To amend the Internal Revenue Code of 1986 to simplify the application 
             of the excise tax imposed on bows and arrows.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 24, 2001

 Mr. Barcia (for himself, Mr. Hunter, Mr. Camp, Mrs. Thurman, Mr. Ryan 
   of Wisconsin, Mr. Tanner, Mr. Shaw, Mr. Collins, Mr. Ramstad, Mr. 
 Foley, Mr. McInnis, Mr. Watkins, Ms. Dunn of Washington, Mr. Isakson, 
 Mr. Dicks, Mr. Cannon, Mr. John, Mr. Cunningham, Mr. Moran of Kansas, 
 Mr. Smith of Texas, Mr. Boswell, Mr. Rogers of Michigan, Mr. Rehberg, 
and Mr. Peterson of Minnesota) 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 simplify the application 
             of the excise tax imposed on bows and arrows.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Arrow Excise Tax Simplification Act 
of 2001''.

SEC. 2. SIMPLIFICATION OF EXCISE TAX IMPOSED ON BOWS AND ARROWS.

    (a) In General.--Paragraphs (1) and (2) of section 4161(b) of the 
Internal Revenue Code of 1986 (relating to bows and arrows, etc.) are 
amended to read as follows:
            ``(1) Bows.--There is hereby imposed on the sale by the 
        manufacturer, producer, or importer of any compound bow or 
        crossbow which has a draw weight of 30 pounds or more, and any 
        recurve or long bow which has a draw weight of 30 pounds or 
        more measured at a draw length of 28 inches, a tax equal to 11 
        percent of the price for which so sold.
            ``(2) Arrows.--
                    ``(A) In general.--There is hereby imposed on the 
                sale by the manufacturer, producer, or importer--
                            ``(i) of any arrow shaft, a tax equal to 11 
                        percent of the price for which so sold, and
                            ``(ii) of any arrow, a tax equal to 10 
                        percent of the price for which so sold.
                The tax imposed by clause (ii) on an arrow shall not 
                apply if the arrow contains an arrow shaft subject to 
                the tax imposed by clause (i).
                    ``(B) Arrow shaft.--For purposes of this paragraph, 
                the term `arrow shaft' means any arrow shaft--
                            ``(i) which measures 16 inches overall or 
                        more in length, or
                            ``(ii) which measures less than 16 inches 
                        overall in length but is suitable for use with 
                        a bow described in paragraph (1).
                    ``(C) Arrow.--For purposes of this paragraph, the 
                term `arrow' means any arrow shaft to which additional 
                components are attached.''.
    (b) Effective Date.--The amendment made by this section shall apply 
to articles sold by the manufacturer, producer, or importer after 
December 31, 2001.
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