H.R. 6310

To amend the Internal Revenue Code of 1986 to require that the payment of the manufacturers' excise tax on recreational equipment be paid quarterly.

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I

110th CONGRESS

2d Session

H. R. 6310

IN THE HOUSE OF REPRESENTATIVES

June 19, 2008

Mr. Kind (for himself, Mr. Ryan of Wisconsin, Mr. Boren, and Mr. Pearce) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to require that the payment of the manufacturers’ excise tax on recreational equipment be paid quarterly.

1.

Time for payment of manufacturers’ excise tax on recreational equipment

(a)

In general

Subsection (d) of section 6302 of the Internal Revenue Code of 1986 (relating to mode or time of collection) is amended to read as follows:

(d)

Time for payment of manufacturers’ excise tax on recreational equipment

The taxes imposed by subchapter D of chapter 32 of this title (relating to taxes on recreational equipment) shall be due and payable on the date for filing the return for such taxes.

.

(b)

Effective date

The amendment made by subsection (a) shall apply to articles sold by the manufacturer, producer, or importer after the date of the enactment of this Act.