H.R.2839 - Sportfishing and Boating Equity Act of 2003108th Congress (2003-2004)
|Sponsor:||Rep. Shaw, E. Clay, Jr. [R-FL-22] (Introduced 07/23/2003)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 07/23/2003 Referred to the House Committee on Ways and Means. (All Actions)|
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Text: H.R.2839 — 108th Congress (2003-2004)All Information (Except Text)
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Introduced in House (07/23/2003)
[Congressional Bills 108th Congress] [From the U.S. Government Printing Office] [H.R. 2839 Introduced in House (IH)] 108th CONGRESS 1st Session H. R. 2839 To amend the Internal Revenue Code to restore equity and complete the transfer of motor fuel excise taxes attributable to motorboat and small engine fuels into the Aquatic Resources Trust Fund, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES July 23, 2003 Mr. Shaw introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code to restore equity and complete the transfer of motor fuel excise taxes attributable to motorboat and small engine fuels into the Aquatic Resources Trust Fund, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Sportfishing and Boating Equity Act of 2003''. SEC. 2. ALL MOTOR FUEL EXCISE TAXES ATTRIBUTABLE TO MOTORBOAT AND SMALL ENGINE FUELS AVAILABLE FOR TRANSFER TO AQUATIC RESOURCES TRUST FUND, ETC. (a) In General.--Paragraph (4) of section 9503(b) of the Internal Revenue Code of 1986 is amended by striking subparagraph (D) and by redesignating subparagraphs (E) and (F) as subparagraphs (D) and (E), respectively. (b) Effective Date.--The amendment made by subsection (a) shall apply to taxes received in the Treasury after September 30, 2003. <all>