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United States · Bill · S

S. 1887 (97th)

A bill to amend the Internal Revenue Code of 1954 to expedite the installation of automatic safety air bags.

openUnited States· United States Congress· EN

Introduced

24 November 1981

Last action

Status

Subcommittee on Taxation and Debt Management. Hearings held.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Amends the Internal Revenue Code to impose a $300 excise tax on the sale by the manufacturer of each 1984 or later model passenger automobile in which an automatic safety air bag has not been installed. Allows a manufacturer a refundable $300 tax credit for each 1984 or later model passenger automobile in which such an air bag has been installed.

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Timeline

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Votes

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Versions

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Documents

1 official file

Sponsors

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Related records

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Sources

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