[Congressional Bills 108th Congress]
[From the U.S. Government Publishing 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.
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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.
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