A bill to amend the Internal Revenue Code of 1954 to reduce for a 5-year period the taxes on transportation of persons and property by air.

Summary

Amends the Internal Revenue Code to reduce the general excise tax rate on air transportation of persons in the United States, during the period from October 2, 1979, through June 30, 1980, from eight percent to six percent. Reduces the general excise tax rate on air transportation of property, during such period from five percent to three percent.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 1 February 1979

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 1 February 1979

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 1 February 1979

  Open at official source

Sponsors

• Sen. Hart, Gary W. [D-CO] · D · Sponsor
• · ssfi00 · Standing

Related records

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