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HR 510 IH
111th CONGRESS
1st Session
H. R. 510
To amend the Internal Revenue Code of 1986 to require that the payment of the manufacturers’ excise tax on recreational equipment be paid quarterly.
IN THE HOUSE OF REPRESENTATIVES
January 14, 2009
Mr. KIND (for himself, Mr. RYAN of Wisconsin, Mr. BOREN, Mr. ROSS, Mr. MILLER of Florida, Mr. TANNER, Mr. ALTMIRE, Mr. DAVIS of Alabama, Mr. MATHESON, Mr. WILSON of South Carolina, Mr. BURTON of Indiana, Mr. MCHUGH, and Mrs. BACHMANN) introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to require that the payment of the manufacturers’ excise tax on recreational equipment be paid quarterly.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. TIME FOR PAYMENT OF MANUFACTURERS’ EXCISE TAX ON RECREATIONAL EQUIPMENT.
(a) In General- Subsection (d) of section 6302 of the Internal Revenue Code of 1986 (relating to mode or time of collection) is amended to read as follows:
‘(d) Time for Payment of Manufacturers’ Excise Tax on Recreational Equipment- The taxes imposed by subchapter D of chapter 32 of this title (relating to taxes on recreational equipment) shall be due and payable on the date for filing the return for such taxes.’.
(b) Effective Date- The amendment made by subsection (a) shall apply to articles sold by the manufacturer, producer, or importer after the date of the enactment of this Act.
U.S. Congress - Text of H.R.510 as Introduced in House To amend the Internal Revenue Code of 1986 to require that the payment of the manufactu...
