HR 4042 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to allow manufacturers to purchase articles tax-free for use as service or repair parts.

Introduced 1981-06-26· Sponsored by Rep. Brodhead, William [D-MI-17]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1981-06-26)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to extend the exemption from the manufacturers excise tax on trucks to any parts or accessories sold to a manufacturer of motor vehicles for resale by the manufacturer.…

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

Cosponsors (2)

2 Republicans
Rep. Hillis, Elwood H. [R-IN-5]IN
Rep. Vander Jagt, Guy [R-MI-9]MI