S 1261
102th Congress
Senate
Taxation
Boats and boating
Excise tax
Fur trade
General aviation aircraft
Jewelry trade
Motor vehicles
A bill to amend the Internal Revenue Code of 1986 to repeal the luxury excise tax.
Introduced: June 11, 1991
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 11, 1991
Read twice and referred to the Committee on Finance.
Jun 11, 1991
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to repeal the luxury excise tax on passenger vehicles, boats, aircraft, jewelry, and furs.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1