To amend the Internal Revenue Code of 1986 to exempt certain transportation provided by seaplanes from the excise tax imposed on the transportation of persons by air.

Amends the Internal Revenue Code to exempt from the excise tax on air transportation of persons or property certain tranportation provided by seaplanes.

[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3770 Introduced in House (IH)]






108th CONGRESS
  2d Session
                                H. R. 3770

     To amend the Internal Revenue Code of 1986 to exempt certain 
transportation provided by seaplanes from the excise tax imposed on the 
                   transportation of persons by air.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            February 4, 2004

   Ms. Dunn introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
     To amend the Internal Revenue Code of 1986 to exempt certain 
transportation provided by seaplanes from the excise tax imposed on the 
                   transportation of persons by air.

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

SECTION 1. EXEMPTION FROM TICKET TAXES FOR TRANSPORTATION PROVIDED BY 
              SEAPLANES.

    (a) In General.--Section 4261 of the Internal Revenue Code of 1986 
(relating to imposition of tax) is amended by redesignating subsection 
(i) as subsection (j) and by inserting after subsection (h) the 
following new subsection:
    ``(i) Exemption for Seaplanes.--No tax shall be imposed by this 
section or section 4271 on any air transportation by a seaplane with 
respect to any segment consisting of a takeoff from, and a landing on, 
water, but only if the places at which such takeoff and landing occur 
have not received and are not receiving financial assistance from the 
Airport and Airways Trust Fund.''.
    (b) Effective Date.--The amendments made by this section shall 
apply to calendar years beginning after 2003.
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