HR 7571 · 93th Congress · Taxation

Revenue Source Sharing Act

Introduced 1973-05-07· Sponsored by Rep. Sandman, Charles W., Jr. [R-NJ-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-05-07)

Plain Language Summary

[AI summary unavailable — showing source text] Revenue Source Sharing Act - Repeals subtitle E of the Internal Revenue Code which imposes Federal excise taxes on distilled spirits, wines, beer, tobacco products, and specified firearms. (Repeals 26 U.S.C. 500-5872) Directs the Secretary of the Treasury, not later than 90 days after enactment, to submit to the House Ways and Means Committee a draft of the technical and conforming changes in the Internal Revenue Code to reflect the changes effected by this Act.…

Summarized by Claude AI · Non-partisan · For informational purposes only