[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1929 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 1929

To amend the Internal Revenue Code of 1986 with respect to treatment of 
              certain equipment under the heavy truck tax.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 29, 1993

 Mr. Goodlatte (for himself and Ms. Shepherd) introduced the following 
      bill; which was referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 with respect to treatment of 
              certain equipment under the heavy truck tax.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. EXPLOSIVES HANDLING EQUIPMENT EXEMPT FROM HEAVY TRUCK TAX.

    (a) In General.--Section 4053 of the Internal Revenue Code of 1986 
(relating to exemptions) is amended by adding at the end the following 
new paragraph:
            ``(8) Explosives handling equipment.--Any article primarily 
        designed--
                    ``(A) to be placed or mounted on an automobile 
                truck chassis, truck trailer, or semi-trailer chassis, 
                and
                    ``(B) to be used to process, prepare, or load 
                explosive products or the components thereof.
        (including in each case bins, tanks, or other containers 
        mounted on the same chassis for transporting components of the 
        explosive products).''
    (b) Effective Date.--The amendment made by subsection (a) shall 
take effect as if included in the amendment made by section 512(b) of 
the Surface Transportation Assistance Act of 1982.

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