S 3055
110th Congress
Senate
Taxation
Outdoor recreation
Sales and excise taxes
A bill to amend the Internal Revenue Code of 1986 to modify the rate of the excise tax on certain wooden arrows designed for use by children.
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 22, 2008
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4797)
May 22, 2008
Sponsor introductory remarks on measure. (CR S4797)
May 22, 2008
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to exempt from the excise tax on bows and arrows certain shafts consisting of all natural wood which after assembly measure 5/16 of an inch or less in diameter and which are not suitable for use with bows that would otherwise be subject to such tax (having a peak draw weight of 30 pounds or more).
What's happening now
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4797)
Committees of jurisdiction
1