HR 7487 · 96th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to impose a manufacturers excise tax on the sale of light gauge steel drums.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1980-06-04)
Plain Language Summary
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Amends the Internal Revenue Code to impose on the sale by the manufacturer, producer, or importer of each light gauge steel drum a tax equal to 20 percent of the price for which each drum is sold.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (3)
2 Democrats1 Republican