S 343
98th Congress
Senate
Taxation
Excise tax
Highway finance
Highway use tax
Motor Vehicles and Driving
Roads and highways
Trucks
Heavy Vehicle Use Tax Adjustment Act of 1983
Introduced: February 1, 1983
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 9, 1983
Committee on Finance requested executive comment from OMB, Treasury Department, Transportation Department.
Feb 1, 1983
Read twice and referred to the Committee on Finance.
Feb 1, 1983
Introduced in Senate
Plain-English summary
Heavy Vehicle Use Tax Adjustment Act of 1983 - Amends the Internal Revenue Code to revise the highway use tax on highway motor vehicles with a taxable gross weight of 33,000 pounds or more. Sets forth tax rates based on gross weight to be phased in over three years from 1984 to 1986 and thereafter. Reduces the maximum possible tax from $1,900 per year to $1,200 per year.
Provides for the refundability of any use tax in cases where a motor vehicle on which such tax has been paid is sold, traded, or otherwise disposed of before the close of the taxable period.
What's happening now
Committee on Finance requested executive comment from OMB, Treasury Department, Transportation Department.
Committees of jurisdiction
1
Cosponsors
1