[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[S. 171 Introduced in Senate (IS)]







109th CONGRESS
  1st Session
                                 S. 171

         To exempt seaplanes from certain transportation taxes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            January 26, 2005

 Ms. Murkowski (for herself, Mr. Stevens, and Mrs. Murray) introduced 
the following bill; which was read twice and referred to the Committee 
                               on Finance

_______________________________________________________________________

                                 A BILL


 
         To exempt seaplanes from certain transportation taxes.

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

SECTION 1. EXEMPTION FROM TAX FOR TRANSPORTATION PROVIDED BY SEAPLANES.

    (a) In General.--Section 4261 of the Internal Revenue Code of 1986 
(relating to imposition of tax) is amended by redesignating subsection 
(i) as subsection (j) and by inserting after subsection (h) the 
following new subsection:
    ``(i) Exemption for Transportation Provided by Seaplanes.--No tax 
shall be imposed by this section or section 4271 on any air 
transportation by a seaplane with respect to any segment consisting of 
a takeoff from, and a landing on, water.''.
    (b) Effective Date.--The amendments made by this section shall 
apply to calendar years beginning after December 31, 2004.
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