S 396
108th Congress
Senate
Taxation
Commerce
Excise tax
Firearms
Foreign Trade and International Finance
Imports
Manufacturing industries
Small business
Tax exemption
Gunsmith Excise Tax Simplification Act of 2003
Introduced: February 13, 2003
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 13, 2003
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2471)
Feb 13, 2003
Sponsor introductory remarks on measure. (CR S2471)
Feb 13, 2003
Introduced in Senate
Plain-English summary
Gunsmith Excise Tax Simplification Act of 2003 - Amends the Internal Revenue Code to exempt a person who manufactures, produces, and imports fewer than 50 firearms per year from the firearms excise tax.
Treats persons considered as a single employer for certain special rule provisions as a single person for such exemption.
What's happening now
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2471)
Committees of jurisdiction
1
Cosponsors
1