S 1887 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to expedite the installation of automatic safety air bags.

Introduced 1981-11-24· Sponsored by Sen. Danforth, John C. [R-MO]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Subcommittee on Taxation and Debt Management. Hearings held.(1982-03-02)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to impose a $300 excise tax on the sale by the manufacturer of each 1984 or later model passenger automobile in which an automatic safety air bag has not been installed. Allows a manufacturer a refundable $300 tax credit for each 1984 or later model passenger automobile in which such an air bag has been installed.…

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

Cosponsors (1)

1 Republican