HR 7050 · 97th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to provide that certain individuals will not be treated as manufacturers for purposes of the excise tax on sporting goods or firearms, and for other purposes.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1982-08-19)
Plain Language Summary
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Amends the Internal Revenue Code to exempt from the manufacturers excise tax on sporting goods and firearms certain individuals who do not manufacture or produce more than 50 of such articles per year.…
Summarized by Claude AI · Non-partisan · For informational purposes only