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United States · Bill · S

S. 1972 (97th)

A bill to amend the Internal Revenue Code of 1954 to exempt from the manufacturers' excise tax parts or accessories for light-duty trucks, and to allow manufacturers of a taxable truck body or chassis to combine it with certain taxable parts or accessories without incurring additional tax by reason of the combination.

openUnited States· United States Congress· EN

Introduced

15 December 1981

Last action

Status

Committee on Finance requested executive comment from OMB; Treasury Department.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Amends the Internal Revenue Code to: (1) exempt parts and accessories used in connection with light-duty trucks from the manufacturers excise tax; and (2) allow manufacturers to combine trucks with certain taxable parts or accessories without additional tax.

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Documents

1 official file

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Sources

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