legislation: 108-hr-5394

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
108-hr-5394 108 hr 5394 To amend the Internal Revenue Code of 1986 to modify the taxation of arrow components. Taxation 2004-11-19 2004-12-23 Became Public Law No: 108-493. House Rep. Ryan, Paul [R-WI-1] WI R R000570 1 (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Repeals provisions enacted by the American Jobs Creation Act of 2004 relating to the excise tax on arrows. Amends the Internal Revenue Code to revise the excise tax on arrows, effective after March 31, 2005, to: (1) impose a tax equal to 39 cents per arrow shaft on the first sale of such shaft (instead of a 12.4 percent tax on the sales price), with inflation adjustments on such 39-cent amount after 2005; and (2) include points suitable for use with arrows in the 11 percent excise tax on arrow parts and accessories. 2023-01-14T22:48:29Z  

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