Page:United States Statutes at Large Volume 103 Part 3.djvu/301

 PUBLIC LAW 101-239—DEC. 19, 1989 103 STAT. 2369 the manufacturer, producer, or importer thereof had occurred on the tax-increase date, over "(ii) the prior tax (if any) imposed by this subchapter on such substance. "(C) TAX-INCREASE DATE.—For purposes of this paragraph, the term 'tax-increase date* means January 1 of 1991, 1992, 1993, and 1994. "(3) DUE DATE.—The taxes imposed by this subsection on January 1 of any calendar year shall be paid on or before April 1 of such year. "(4) APPLICATION OF OTHER LAWS. —Al l other provisions of law, including penalties, applicable with respect to the taxes im- posed by section 4681 shall apply to the floor stocks taxes imposed by this subsection." (b) CLERICAL AMENDMENT.—The table of subchapters for chapter 38 is amended by adding at the end thereof the following new item: "SUBCHAPTER D. Ozone-depleting chemicals, etc." (c) EFFECTIVE DATE.— 26 USC 4681 (1) IN GENERAL.— The amendments made by this section shall "°^- take effect on January 1, 1990. (2) No DEPOSITS REQUIRED BEFORE APRIL 1, 1990.— No deposit of any tax imposed by subchapter D of chapter 38 of the Internal Revenue Code of 1986, as added by this section, shall be required to be made before April 1, 1990. (3) NOTIFICATION OF CHANGES IN INTERNATIONAL AGREE- MENTS.— The Secretary of the Treasury or his delegate shall notify the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate of changes in the Montreal Protocol and of other intemational agreements to which the United States is a signatory relating to ozone-depleting chemicals. SEC. 7507. ACCELERATION OF DEPOSIT REQUIREMENTS FOR GASOLINE EXCISE TAX. (a) IN GENERAL.—Section 6302 (relating to mode or time of collec- tion), as amended by section 7502, is amended by redesignating subsection (f) as subsection (g) and by inserting after subsection (e) the following new subsection: "(f) TIME FOR DEPOSIT OF TAXES ON GASOLINE. — " (1) GENERAL RULE. —Notwithstanding section 518 of the Highway Revenue Act of 1982, any person whose liability for tax under section 4081 is payable with respect to semimonthly periods shall, not later than September 27, make deposits of such tax for the period beginning on September 16 and ending on September 22. " (2) SPECIAL RULE WHERE DUE DATE FALLS ON SATURDAY, SUNDAY, OR HOUDAY.— If, but for this paragraph, the due date District of under paragraph (1) would fall on a Saturday, Sunday, or Columbia, holiday in the District of Columbia, such due date shall be deemed to be the immediately preceding day which is not a ^ Saturday, Sunday, or such a holiday." (b) EFFECTIVE DATE.—The amendment made by subsection (a) 26 USC 6302 shall apply to payments of taxes for tax periods beginning after note. December 31, 1989.

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