To amend the Internal Revenue Code of 1986 to simplify the excise tax on heavy truck tires.

Amends the Internal Revenue Code revise the excise tax on tires to impose on truck tires of the type used on highway vehicles, if wholly or in part made of rubber, sold by the manufacturer, producer, or importer a tax equal to 8 cents for each 10 pounds of the tire load capacity in excess of 3500 pounds.

[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 901 Introduced in House (IH)]







107th CONGRESS
  1st Session
                                H. R. 901

 To amend the Internal Revenue Code of 1986 to simplify the excise tax 
                         on heavy truck tires.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 6, 2001

 Mr. Watkins 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 simplify the excise tax 
                         on heavy truck tires.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SIMPLIFICATION OF EXCISE TAX ON HEAVY TRUCK TIRES.

    (a) Tax Based on Tire Load Capacity Not Weight.--Subsection (a) of 
section 4071 of the Internal Revenue Code of 1986 (relating to 
imposition of tax on tires) is amended to read as follows:
    ``(a) Imposition and Rate of Tax.--There is hereby imposed on tires 
of the type used on highway vehicles, if wholly or in part made of 
rubber, sold by the manufacturer, producer, or importer a tax equal to 
8 cents for each 10 pounds of the tire load capacity in excess of 3500 
pounds.''
    (b) Tire Load Capacity.--Subsection (c) of section 4071 of such 
Code is amended to read as follows:
    ``(c) Tire Load Capacity.--For purposes of this chapter, tire load 
capacity is the maximum load rating labeled on the tire pursuant to 49 
CFR 571.109 or 49 CFR 571.119. In the case of any tire that is marked 
for both single and dual loads, the higher of the 2 shall be used for 
purposes of this section.''
    (c) Tires to Which Tax Applies.--Subsection (b) of section 4072 of 
such Code (defining tires of the type used on highway vehicles) is 
amended by striking ``tires of a type'' and all that follows and 
inserting ``tires--
            ``(1) of the type used on--
                    ``(A) motor vehicles which are highway vehicles, or
                    ``(B) vehicles of the type used in connection with 
                motor vehicles which are highway vehicles, and
            ``(2) marked for highway use pursuant to 49 CFR 571.109 or 
        49 CFR 571.119.''
    (d) Effective Date.--The amendments made by this section shall take 
effect on January 1 of the first calendar year which begins more than 
30 days after the date of the enactment of this Act.
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