HR 7429 · 95th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to exempt from the manufacturers excise tax parts and accessories used on local transit buses, and tires, inner tubes, and tread rubber used on such buses.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1977-05-25)
Plain Language Summary
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Amends the Internal Revenue Code to exempt buses used in local transit systems from the excise taxes on buses, tires, inner tubes and tread rubber.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (12)
8 Democrats4 Republicans