Page:United States Statutes at Large Volume 100 Part 3.djvu/968

 100 STAT. 2776

PUBLIC LAW 99-514—OCT. 22, 1986

"SEC. 4083. CROSS REFERENCES. "(1) For provisions to relieve farmers from excise tax in the case of gasoline used on the farm for farming purposes, see section 6420. H'. •i(2) For provisions to relieve purchasers of gasoline from excise tax in the case of gasoline used for certain nonhighway purposes, used by local , transit systems, or sold for certain exempt purposes, see section 6421. i, "(3) For provisions to relieve purchasers of gasoline from excise tax in the case of gasoline not used for taxable purposes, see section 6427." (b) BOND REQUIREMENTS.—

(1) IN GENERAL.—Section 4101 is amended to read as follows: "SEC. 4101. REGISTRATION AND BOND.

"(a) REGISTRATION.—Every person subject to tax under section 4081 shall, before incurring any liability for tax under such section, register with the Secretary. "(b) BOND.—Under regulations prescribed by the Secretary, every person who registers under subsection (a) may be required to give a bond in such sum as the Secretary determines." (2) CLERICAL AMENDMENT.—The table of sections for subpart C of part III of subchapter A of chapter 32 is amended by striking out the item relating to section 4101 and inserting in lieu thereof the following new item: "Sec. 4101. Registration and bond." (c) GASOLINE SOLD FOR CERTAIN EXEMPT PURPOSES.—

(1) IN GENERAL.—Section 6421 (relating to gasoline used for certain nonhighway purposes or by local transit systems) is amended— (A) by redesignating subsections (c), (d), (e), (f), (g), and (h) as subsections (d), (e), (f), (g), (h), and (i), respectively, and (B) by inserting after subsection 0)), the following new sulDsection: purpose described in paragraph (2), (3), (4), or (5) of section 4221(a), the Secretary shall pay (without interest) to such person an amount equal to the product of the number of gallons of gasoline so sold multiplied by the rate at which tax was imposed on such gasoline by section 4081." (2) CONFORMING AMENDMENTS.—
 * ' "(c) EXEMPT PURPOSES.—If gasoline is sold to any person for any

(A) Paragraph (1) of section 6421(d) (relating to time for y* filing claims; period covered), as redesignated by paragraph (1) of this subsection, is amended by striking out "and not • i;>: more than one claim may be filed under subsection (b)" and inserting in lieu thereof "not more than one claim may be filed under subsection Qy), and not more than one claim may be filed under subsection (c)". . (B) Section 6421(f) (relating to exempt sales; other payments or refunds available), as redesignated by paragraph (1) of this subsection, is amended by striking out paragraph (1) and redesignating paragraphs (2) and (3) as paragraphs (1) and (2), respectively. (C) Subsection (a) of section 4221 (relating to certain taxfree sales) is amended— (i) by inserting "or 4081" after "section 4121" in the first sentence, and (ii) by striking out "4071, or 4081" in the last sen.., tence and inserting in lieu thereof "or 4071".

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