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301 records in US in 1983
United States · United States Congress · 30 June 1983
Amends the Internal Revenue Code to treat produced film rents or any income from the use of a copyright or trademark directly related to a film as personal holding company income subject to the personal holding company tax.
United States · United States Congress · 30 June 1983
Amends the Internal Revenue Code to provide that one-half of the cost of insurance paid by a self-employed taxpayer for medical care during the taxable year will be allowed as a business deduction.
United States · United States Congress · 29 June 1983
Governmental Lease Financing Reform Act of 1983 - Amends the Internal Revenue Code to deny property used by governments, tax-exempt foreign individuals, and other tax-exempt entities accelerated depreciation deductions. Requires that any deductions for depreciation of such property be calculated according to the straight line method. Exempts from such limitation short-term leases of personal property, short-lived property (property with a present class life of six years and subject to a lease which is 75 percent or less of such present class life), and property which is used in an unrelated trade or business. Denies the investment tax credit for property used by foreign governments and other foreign persons. Allows an investment tax credit for property used by governments or other tax-exempt entities which is subject to a short-term lease. Denies the investment tax credit for rehabilitation expenditures for property which is used by governments or tax-exempt entities. Requires the recapture of tax on rehabilitated buildings which become tax-exempt use property. States that the provisions of this Act shall be effective for property placed in service after May 23, 1983, with an exception for binding contracts.
United States · United States Congress · 29 June 1983
Foreign Tax Credit Conformity Act of 1983 - Amends the Internal Revenue Code to allow a taxpayer to recapture domestic losses in subsequent years in which it has domestic income by recharacterizing the subsequent domestic income as foreign source income, to the extent domestic losses have served to reduce the foreign tax credit available to the taxpayer. Extends the carryover period for excess foreign tax credits from five years to 15 years. Revises ordering rule provisions for foreign tax credits arising after 1981.
United States · United States Congress · 29 June 1983
Amends the Internal Revenue Code to provide that the standard mileage rate for use of a passenger automobile which may be used in computing the charitable contribution deduction shall be the same as the standard mileage rate which may be used in computing the business expense deduction.
United States · United States Congress · 29 June 1983
Work Opportunities and Renewed Competition Act of 1983 - Amends the Internal Revenue Code to allow a taxpayer to elect to treat an excess investment tax credit as a reinvestment tax credit. Requires a taxpayer to forfeit any investment tax credit carryover if the taxpayer elects to take a reinvestment tax credit. Sets the amount of such reinvestment tax credit at 85 percent of the taxpayer's qualified investment in reinvestment credit property. Terminates such credit after 1984. Makes such reinvestment tax credit refundable. Requires the recapture of the reinvestment tax credit under specified circumstances. Sets forth rules relating to such recapture.
United States · United States Congress · 29 June 1983
Inventory Simplification and Reform Tax Act of 1983 - Amends the Internal Revenue Code to eliminate the qualification requirement for the last-in first- out (LIFO) method of accounting that a taxpayer use no inventory method for financial reporting or credit purposes other than the LIFO method. Allows a taxpayer who adopts the LIFO method to spread increases in taxable income attributable to such change over a ten-year period. Increases from $2,000,000 to $8,000,000 the average annual gross receipts a small business which uses the LIFO method may receive over a three year period in order to qualify for the election to use one inventory pool for any trade or business. Permits a wholesaler or retailer who uses such method to elect the use of inventory pools based on applicable Government price index categories for all items of inventory. Allows the use of such index categories in the pricing of inventories under such dollar-value methods. Allows an election to use a link chain or index method to compute the LIFO value of dollar-value pool without regard to suitability or practicality of any other method. Limits the amount of the LIFO benefit which is subject to recapture to the extent price increases do not exceed the rate of inflation. Allows an election by small businesses which are at least half-owned by active participants in the trade or business and which have average annual gross receipts of $2,000,000 or less for the three taxable years ending with the year of election to use the cash receipts and disbursements method of accounting without regard to any inventory requirements. Permits a taxpayer to reduce the value of a portion of excess inventory items held for more than 12 months. Sets forth a schedule for such reductions.
United States · United States Congress · 29 June 1983
Basic Industries Reindustrialization Act - Amends the Internal Revenue Code to suspend the limitation on the investment tax credit for a period of seven years beginning with taxable years ending after January 1, 1983. Makes such credit refundable. Allows a tentative refund of tax under a claim of right adjustment in the case of investment tax credits. Requires the President to submit a report to the Congress by December 1, 1989, on whether or not such period should be extended further. Authorizes appropriations.
United States · United States Congress · 29 June 1983
Amends the Internal Revenue Code to provide that the cost of certain scientific property for which a charitable contribution deduction is allowable shall not be treated as a qualified research expense for purposes of the income tax credit for increasing research activities.
United States · United States Congress · 29 June 1983
Loan Default Information Amendments of 1983 - Amends the Internal Revenue to allow the Secretary of the Treasury to disclose to the Secretary of Education the addresses of individuals who have defaulted on health education loans.
United States · United States Congress · 29 June 1983
Amends the Internal Revenue Code to allow members of the clergy to deduct expenses related to tax-exempt housing allowances.
United States · United States Congress · 29 June 1983
Expresses the sense of the Congress with respect to the taxation of fringe benefits, the adoption of a new tax system, and the reduction of the income tax rates.
United States · United States Congress · 29 June 1983
Amends the Internal Revenue Code to grant tax-exempt status to foreign pension trusts which invest in the United States. Requires that such pension trusts: (1) be maintained primarily to provide retirement benefits to employees who are primarily nonresident alien individuals; (2) have assets which are segregated from the assets of the employer maintaining the trust pursuant to the laws of the foreign country in which the trust is maintained; and (3) be maintained in a foreign country which grants preferential tax treatment to such pension trusts. Provides that such exemption shall not apply to any income or gain derived by such trusts for any interest in land used in farming. Authorizes the President to withdraw such tax-exempt status from such trusts if the country in which the trust is maintained in a country which does not grant preferential tax treatment to U.S. pension trusts investing in that country.
United States · United States Congress · 29 June 1983
Inventory Simplification and Reform Tax Act of 1983 - Amends the Internal Revenue Code to eliminate the qualification requirement for the last-in, first-out (LIFO) method of accounting that a taxpayer use no inventory method for financial reporting or credit purposes other than the LIFO method. Allows a taxpayer who adopts the LIFO method to spread increases in taxable income attributable to such change over a ten-year period. Increases from $2,000,000 to $8,000,000 the average annual gross receipts a small business which uses the LIFO method may receive over a three year period in order to qualify for the election to use one inventory pool for any trade or business. Permits a wholesaler or retailer who uses such method to elect the use of inventory pools based on applicable Government price index categories for all items of inventory. Allows the use of such index categories in the pricing of inventories under such dollar-value methods. Allows an election to use a link chain or index method to compute the LIFO value of dollar-value pool without regard to suitability or practicality of any other method. Limits the amount of the LIFO benefit which is subject to recapture to the extent price increases do not exceed the rate of inflation. Allows an election by small businesses which are at least half-owned by active participants in the trade or business and which have average annual gross receipts of 2,000,000 or less for the three taxable years ending with the year of election to use the cash receipts and disbursements method of accounting without regard to any inventory requirements. Permits a taxpayer to reduce the value of a portion of excess inventory items held for more than 12 months. Sets forth a schedule for such reductions.
United States · United States Congress · 29 June 1983
Sets forth the rule for the consideration of H.R. 2760 (Central America military assistance).
United States · United States Congress · 29 June 1983
Sets forth the rule for the consideration of H.R. 2930 (international banking).
United States · United States Congress · 28 June 1983
Amends the Internal Revenue Code to exempt from the 30 percent tax on the income of nonresident alien individuals and foreign corporations any interest received from certain portfolio debt investments. Makes such exemptions inapplicable upon a determination by the Secretary of the Treasury that the exchange of information between the United States and a foreign country is inadequate to prevent income tax evasion. Excludes from the gross estate of a nonresident alien for purposes of the estate tax, any interest eligible for the income tax exemption under this Act.
United States · United States Congress · 28 June 1983
Amends the Internal Revenue Code to exclude from gross income amounts received by the taxpayer from the U.S. Forest Service as a result of restricting motorized traffic in the Boundary Waters Canoe Area.
United States · United States Congress · 28 June 1983
Amends the Internal Revenue Code to exclude from gross income amounts received by the taxpayer from the U.S. Forest Service as a result of restricting motorized traffic in the Boundary Waters Canoe Area.
United States · United States Congress · 28 June 1983
Arts and Humanities Tax Reform Act of 1983 - Amends the Internal Revenue Code to permit the executor of an estate, in calculating the value of the gross estate, to disregard that portion of the value of any copyright, or literary, musical, or artistic work created by the decedent which would have been ordinary income if such work had been sold by the decedent at its fair market value. Allows an income tax deduction for the current fair market value of a literary, musical, or artistic composition created by the taxpayer and contributed to a charitable organization. Disallows such estate tax valuation and charitable contribution deduction if the property was produced while the taxpayer was a Government officer or employee and arose out of the performance of the taxpayer's duties. Permits a tax deduction for the business use of a home if such dwelling unit is used to a substantial extent (rather than exclusively) for the taxpayer's trade or business. Requires the Secretary of the Treasury to submit to the appropriate Congressional committees legislative recommendations with respect to such deduction.
United States · United States Congress · 28 June 1983
Amends the Internal Revenue Code to exclude from gross income, amounts received by certain law enforcement officers as statutory or negotiated subsistence allowances. Limits such exclusion to $5 per day.
United States · United States Congress · 28 June 1983
Work Opportunities and Renewed Competition Act of 1983 - Amends the Internal Revenue Code to allow a taxpayer to elect to treat an excess investment tax credit as a reinvestment tax credit. Requires a taxpayer to forfeit any investment tax credit carryover if the taxpayer elects to take a reinvestment tax credit. Sets the amount of such reinvestment tax credit at 85 percent of the taxpayer's qualified investment in reinvestment credit property. Terminates such credit after 1984. Makes such reinvestment tax credit refundable. Requires the recapture of the reinvestment tax credit under specified circumstances. Sets forth rules relating to such recapture.
United States · United States Congress · 28 June 1983
Amends the Internal Revenue Code to repeal the estate tax, the gift tax, and the tax on generation-skipping transfers. Reduces the amount of the regular percentage for purposes of the investment tax credit from ten percent to seven percent.
United States · United States Congress · 27 June 1983
Amends the Internal Revenue Code to allow, at the election of the taxpayer, an income tax deduction for foreign income, war profits, and excess profits taxes paid in connection with construction contract services rendered in the United States which are directly related to a construction project located in a foreign country. Requires that any amounts taken for such deduction shall not be taken into account for purposes of the foreign tax credit.
United States · United States Congress · 27 June 1983
Amends the Internal Revenue Code to allow individual retirement accounts, qualified retirement trusts and certain educational organizations to invest in working interests in domestic oil and gas properties without incurring unrelated business taxable income.
United States · United States Congress · 23 June 1983
Amends the Internal Revenue Code to allow the voting interest of disqualified persons to be taken into account in determining a private foundation's voting interest in a business enterprise for purposes of the penalty tax on excess business holdings.
United States · United States Congress · 23 June 1983
Amends the Internal Revenue Code to provide that certain museums and organizations which operate a library shall be treated as public charities for income tax purposes (taxpayers may deduct contributions to public charities up to 50 percent of their adjusted gross income).
United States · United States Congress · 23 June 1983
Amends the Internal Revenue Code to allow employers a targeted jobs income tax credit for hiring any member of an economically disadvantaged family who is between the ages of 16 and 18 and who has been charged with a delinquent act.
United States · United States Congress · 23 June 1983
Amends the Tax Equity and Fiscal Responsibility Act of 1982 to repeal provisions which disallow the accelerated cost recovery deductions for property financed with tax-exempt securities. Repeals the 1986 expiration date for the authority to issue such tax-exempt securities.
United States · United States Congress · 22 June 1983
Amends the Internal Revenue Code to allow a refundable income tax credit for the amount of contributions made to the Federal retirement system by Federal employees newly covered under the social security system after December 31, 1983. Disallows such credit for contributions made to a Federal retirement system: (1) established after the enactment of this Act; or (2) modified after the enactment of this Act for purposes of coordinating such system with the social security system. Terminates such credit after December 31, 1985.
United States · United States Congress · 22 June 1983
Provides for the application of tax rules governing the inclusion in gross income of stock received by a taxpayer in connection with the performance of services where: (1) the transfer of such stock occurred in November or December of 1973 under the exercise of a stock option granted in November or December of 1971; (2) the corporation granting such stock option was acquired by another corporation in a reorganization in December of 1973; (3) the stock had a certain fair market value as of July 1, 1974; (4) the transferee of the stock sold substantially all of the stock received in the reorganization in 1975 or 1976; and (5) such transferee makes an election for the application of such tax rules. Limits the applicability of such tax rules to the extent that their application would result in a reduction of the taxpayer's tax liability in excess of $100,000. Waives the statute of limitations with respect to any overpayment or deficiencies of tax resulting from the application of this Act.
United States · United States Congress · 22 June 1983
Waives points of order against the consideration of H.R. 3363 (Department of the Interior and related agencies appropriations).
United States · United States Congress · 21 June 1983
Amends the Internal Revenue Code to make permanent the present one percent rate for deductible additions to a bank's bad debt loss reserve account. Modifies the experience method of determining amounts necessary to sustain such a reserve account to allow a taxpayer to use an alternate method of determining reasonable additions to reserve accounts. Repeals the treatment of percentage method additions to loan loss reserves as corporate tax preference items.
United States · United States Congress · 21 June 1983
Oil and Gas Exploration Incentive Restoaration Act of 1983 - Amends the Internal Revenue Code to restore percentage depletion for oil and gas exploration to 27 1/2 percent. Makes percentage depletion fully available to both integrated and independent oil producers. Removes the intangible drilling cost deduction from the list of tax-preference items subject to the alternative minimum tax. Restores full deductibility for intangible drilling costs incurred by integrated oil companies.
United States · United States Congress · 21 June 1983
Title I: Department of the Interior - Makes appropriations for FY 1984 within the Department of the Interior for the Bureau of Land Management for management of land and resources, construction and access, payments in lieu of taxes, Oregon and California grant lands, range improvements, service charges, deposits and forfeitures, miscellaneous trust funds, and land acquisition. Sets forth uses and limitations of appropriations made to the Bureau of Land Management. Appropriates funds for: (1) the U.S. Fish and Wildlife Service for resource management, construction, anadromous fish, the Migratory Bird Conservation Account, land acquisition, and the National Wildlife Refuge Fund; (2) the National Park Service for the operation of the National Park System, recreation and preservation programs, the Urban Park and Recreation Fund, the Historic Preservation Fund, construction, land acquisition and State assistance, and the John F. Kennedy Center for the Performing Arts; (3) the Geological Survey for surveys, investigations and research; (4) the Minerals Management Service for leasing and royalty management; (5) the Bureau of Mines for the conduct of inquiries, technological investigations and research of mines and minerals; (6) the Office of Surface Mining Reclamation and Enforcement for regulation and technology, and the Abandoned Mine Reclamation Fund; (7) the Bureau of Indian Affairs for the operation of Indian programs, construction, road construction, tribal trust funds, the revolving fund for loans, and the Indian Loan Guaranty and Insurance Fund; (8) the Office of Territorial and International Affairs for administration and for the Trust Territory of the Pacific Islands; and (9) the Secretarial offices, including the Office of the Solicitor for salaries and expenses, the Office of Construction Management, and the Office of the Inspector General. Sets forth the uses and limitations on appropriations made available by this title. Prohibits the use of funds for the procurement, leasing, bidding, exploration, or development of certain lands within the Department of the Interior Central and Northern California Planning Area. Prohibits the use of funds for the preparation for, or conduct of, pre-leasing and leasing activities of lands within a certain area of the Outer Continental Shelf off the coastline of Massachusetts. Prohibits the use of funds for the lease sale of certain tracts within the Eastern Gulf of Mexico Planning Area. Prohibits the use of appropriated funds to finance the changing of the name of Mount McKinley. Makes available appropriations to provide insurance on official motor vehicles, aircraft, and boats operated by the Department of the Interior in Canada and Mexico. Provides that no funds may be expended for the sale or lease of coal on public lands until a Commission has been appointed to review the coal leasing procedures, the Commission makes a report, and the Secretary and appropriate congressional committees have agreed on the Commission's recommendations. Prohibits the use of funds for the lease sale of certain tracts within the Department of Interior Southern California Planning Area. Title II: Related Agencies - Makes appropriations for FY 1984 for the Department of Agriculture for the Forest Service for forest research, State and private forestry, the National Forest System, construction and land acquisition, acquisition of land to complete land exchanges, rangeland improvements, acquisition of land for national forests, and miscellaneous trust funds. Prohibits the alteration of the appropriation structure for the Forest Service without the advance approval of the congressional committees on appropriations. Makes appropriations for the Department of Energy for fossil energy research and development, naval petroleum and oil shale reserves, energy conservation, economic regulation, the strategic petroleum reserve, the Energy Information Administration, and the SPR Petroleum Account. Makes appropriations to the Department of Health and Human Services for the Health Services Administration for Indian health services and facilities. Appropriates funds to the Department of Education for: (1) the Office of Elementary and Secondary Education for Indian education; (2) the Navajo and Hopi Relocation Commission for salaries and expenses; (3) the Smithsonian Institution for salaries and expenses; (4) museum programs and related research; (5) construction and improvements at the National Zoological Park; (6) restoration and renovation of buildings owned or occupied by the Smithsonian Institution; (7) salaries and expenses of the National Gallery of Art; and (8) salaries and expenses of the Woodrow Wilson International Center for Scholars. Makes appropriations for the National Foundation on the Arts and the Humanities for: (1) salaries and expenses and matching grants for the National Endowment for the Arts and the National Endowment for the Humanities; (2) the Institute of Museum Services; (3) salaries and expenses for the Commission on Fine Arts, the Advisory Council on Historic Preservation, the National Capital Planning Commission, the Franklin Delano Roosevelt Memorial Commission, the Pennsylvania Avenue Development Corporation for salaries and expenses and public development activities and projects; (4) the Federal Inspector for the Alaska Gas Pipeline for permitting and enforcement; and (5) the Holocaust Memorial Council. Title III: General Provisions - Limits procurement contracts for consulting services obtained through appropriations made by this Act to those contracts where expenditures are a matter of public record. Prohibits the use of appropriations by the Secretaries of Agriculture and of the Interior for the sale of unprocessed timber from Federal lands which will be exported from the United States or which will be used as a substitute for timber from private lands which is exported by the purchaser. Prohibits the Secretaries of the Interior and Agriculture from using such funds for leasing of oil and natural gas by noncompetitive bidding on public lands within the Shawnee National Forest, Illinois. Prohibits the use of such funds for any activity that tends to promote public support or opposition to legislative proposals on which congressional action is incomplete. Makes such funds unavailable for the implementation or enforcement of any rule requiring the use of steel shot in connection with hunting waterfowl unless the appropriate State agency approves of such rule. Provides that none of the funds appropriated to any department or agency shall be obligated or expended to provide a personal cook, chauffeur, or other personal servants to any officer or employee of such department or agency. Provides that none of the funds appropriated in this Act shall be obligated for any aspect of the processing or issuance of permits or leases pertaining to exploration for or development of coal, oil, gas, oil shale, phosphate, potassium, sulphur, gilsonite, or geothermal resources on Federal lands within any component of the National Wilderness Preservation System or within any Forest Service RARE II areas recommended for wilderness designation or allocated to further planning. Prohibits the use of funds in this Act to evaluate, consider, process, or award oil, gas or geothermal leases on Federal lands in the Mount Baker-Snoqualmie National Forest, State of Washington. Authorizes the Secretaries of the Interior and of Agriculture to enter into contracts with State and local governments for procurement of services in the presuppression, detection, and suppression of fires. Prohibits the use of funds appropriated by this Act to dispose of any Federal land track unless specified conditions are met. Prohibits the payment to the General Services Administration of a rental space rate which is 14 per cent higher than the rate per square foot established for space and services for FY 1982.
United States · United States Congress · 21 June 1983
Amends the Internal Revenue Code to allow a refundable income tax credit for the amount of contributions made to the Federal retirement system by Federal employees newly covered under the social security system after December 31, 1983. Disallows such credit for contributions made to a Federal retirement system: (1) established after the enactment of this Act; or (2) modified after the enactment of this Act for purposes of coordinating such system with the social security system. Terminates such credit after December 31, 1985.
United States · United States Congress · 21 June 1983
Sets forth the rule for the consideration of H.R. 2912 (Department of Justice funding).
United States · United States Congress · 21 June 1983
Waives points of order against the consideration of H.R. 3329 (Department of Transportation and related agencies appropriations).
United States · United States Congress · 16 June 1983
Education Savings Account Act of 1983 - Amends the Internal Revenue Code to allow an income tax exclusion for cash contributions to a savings account established to pay the educational expenses (tuition, room and board) of the taxpayer's child at a vocational school or an institution of higher education. Limits the amount of such contributions to the excess of $1,000 over five percent (ten percent for married individuals filing separate returns) of the amount the adjusted gross income of the taxpayer exceeds $40,000 ($20,000 for married individuals filing separate returns) up to a maximum of $1,000 per year. Allows rollover contributions in specified circumstances. Exempts such an account from taxation unless it has ceased to be an educational savings account. Specifies tax penalties for the use of account funds for other than educational expenses. Allows amounts to be distributed from such an account without penalty if used to pay the medical expenses of the taxpayer's child. Provides that educational expenses do not include amounts paid for education at institutions found to be racially discriminatory. Allows the Attorney General to seek a declaratory judgment as to whether an educational institution follows racially discriminatory policies. Sets forth procedures for seeking such a declaratory judgment. Requires the Secretary of the Treasury to disclose to the Attorney General information concerning whether an educational institution is following racially discriminatory policies.
United States · United States Congress · 16 June 1983
Amends the Internal Revenue Code to allow an income, estate, and gift tax deduction for contributions for the construction or maintenance of buildings which house fraternal organizations.
United States · United States Congress · 16 June 1983
New Venture Investment Incentive Act - Amends the Internal Revenue Code to allow individual taxpayers an income tax deduction for purchases of stock in a new venture corporation. Limits the amount of such deduction to $15,000 in a taxable year ($30,000 for joint returns). Defines a "new venture corporation" as any small business corporation which is less than five years old and which conducts any trade or business other than securities, real estate, banking or insurance, leasing, or providing professional services. Specifies certain requirements for the sale of stock in such venture corporations, including: (1) the total value of all stock of such a corporation may not exceed $250,000; (2) majority stockholders may not qualify for the tax deduction; (3) only new stockholders may qualify for the tax deduction; (4) the proceeds from the sale of any stock must be used in the trade or business or the corporation; and (5) stock purchased in a new venture corporation may not be transferred for three years after the date of purchase. Specifies rules for the recapture of tax benefits upon the sale or early disposition of stock in a new venture corporation.
United States · United States Congress · 16 June 1983
Soil and Water Conservation Incentives Act of 1983 - Amends the Internal Revenue Code to allow farmers an investment tax credit for soil and water conservation expenditures not treated as deductible expenses.
United States · United States Congress · 16 June 1983
Mineral Mining Reclamation Reserve Act of 1983 - Amends the Internal Revenue Code to allow surface mine operators to establish a reserve for mining land reclamation costs and to deduct additions to such reserves.
United States · United States Congress · 16 June 1983
Amends the Internal Revenue Code to exclude from gross income any amount which would be includible in gross income by reason of the discharge of a home mortgage loan. Limits the excludible amount to the adjusted basis in the principal residence. Reduces the basis of the residence by the amount excluded from gross income.
United States · United States Congress · 16 June 1983
Amends the Internal Revenue Code to repeal the 15 percent reduction in percentage depletion for iron ore and coal.
United States · United States Congress · 16 June 1983
Energy Security Tax Incentives Act of 1983 - Amends the Internal Revenue Code to extend for ten years from 1985 to 1995 the availability of the investment tax credit for affirmative commitments made for solar, wind, and geothermal energy property. Requires that such affirmative commitments must be made by specified dates.
United States · United States Congress · 16 June 1983
Amends the Internal Revenue Code to allow individuals to compute the amount of the deduction for payments to retirement savings plans on the basis of the compensation of their spouses.
United States · United States Congress · 16 June 1983
Amends the Internal Revenue Code to treat certain orphanages as public charities rather than as private foundations for purposes of the income tax deduction for charitable contributions (contributions to public charities may be deducted up to 50 percent of the taxpayer's adjusted gross income).
United States · United States Congress · 16 June 1983
Amends the Internal Revenue Code to provide a refundable income tax credit equal to 15 percent of the purchase price of a security device placed in a building or residence. Allows a maximum credit of $400. Includes as security devices eligible for such credit locks, fire, smoke, temperature, gas, anti-theft, anti-intrusion, and personal health emergency alarms. Excludes bars, screens and other physical barriers.
United States · United States Congress · 15 June 1983
Highway Use Tax Equalization Act of 1983 - Amends the Internal Revenue Code to repeal the highway use tax on heavy trucks. Increases the excise tax on diesel fuel from nine cents per gallon to 12 cents per gallon in 1983 and from 12 cents per gallon to 14 cents per gallon in 1984. Requires the Secretary of the Treasury to prescribe regulations exempting from such increases diesel fuel used in automobiles and light trucks.