H.R. 5394 · 108th Congress · enacted
To amend the Internal Revenue Code of 1986 to modify the taxation of arrow components.
Became Public Law No: 108-493.
Latest official action 2004-12-23 · Enacted
The bill, briefly
(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.
Congressional Research Service · 2004-12-23
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Amount spent specifically on this bill: not disclosed
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Politicians behind the bill
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1 of 1 source cosponsor records retrieved; only current officials and unwithdrawn sponsorships appear.
PAC donors to the listed sponsors
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What happened after enactment?
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Measured outcome: not established
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