[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1186 Introduced in House (IH)]







108th CONGRESS
  1st Session
                                H. R. 1186

To amend the Internal Revenue Code of 1986 to provide for proration of 
  the heavy vehicle use tax between successive purchasers of the same 
                                vehicle.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 11, 2003

 Mr. English 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 provide for proration of 
  the heavy vehicle use tax between successive purchasers of the same 
                                vehicle.

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

SECTION 1. PRORATION OF HEAVY VEHICLE USE TAX BETWEEN SUCCESSIVE 
              PURCHASERS OF SAME VEHICLE.

    (a) In General.--Section 4481(c) of the Internal Revenue Code of 
1986 (relating to proration of tax) is amended by adding at the end the 
following new paragraph:
            ``(3) Where vehicle sold.--If in any taxable period a 
        highway motor vehicle is sold before the last day in such 
        period by the person who paid the tax imposed by this section 
        for any portion of such period ending with such last day, the 
        portion of the tax imposed by this section for the period from 
        the date of the sale to such last day shall be refunded 
        (without interest) to such person. In the case of a refund, 
        such refund shall be made not later than 45 days after such 
        last day.''.
    (b) Conforming Amendments.--
            (1) Section 4481(c)(1) of such Code is amended by inserting 
        ``by the person described in subsection (b)'' after 
        ``vehicle''.
            (2) Section 4481(d) of such Code is amended to read as 
        follows:
    ``(d) Cross Reference.--

                                ``For privilege of paying tax imposed 
by this section in installments, see section 6156.''.
    (c) Effective Date.--The amendments made by this section shall 
apply to sales occurring after the date of the enactment of this Act.
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