Page:United States Statutes at Large Volume 70.djvu/445

 70 S T A T. ]

PUBLIC LAW 627-JUNE 29, 1956

" (1) " (2) " ^3) " (4)

Tires of the type used on highway vehicles, 8 cents a pound. Other tires, 5 cents a pound. Inner tubes for tires, 9 cents a pound. Tread rubber, 3 cents a pound. " (b) DETERMINATION OF W E I G H T. — For purposes of this section, weight shall be based on total weight, except that in the case of tires such total weight shall be exclusive of metal rims or rim bases. Total weight of the articles shall be determined under regulations prescribed by the Secretary or his delegate. " (c) RATE REDUCTION.—On and after July 1, 1972— "(1) the tax imposed by paragraph (1) of subsection (a) shall be 5 cents a pound; and "(2) paragraph (4) of subsection (a) shall not apply." (b) TREAD RUBBER DEFINED.—Section 4072 (defining the term "rubber") is amended to read as follows: "SEC. 4072. DEFINITIONS. " (a) RUBBER.—For purposes of this chapter, the term 'rubber' includes synthetic and substitute rubber. " (b) TREAD RUBBER.—For purposes of this chapter, the term 'tread rubber' means any material— " (1) which is commonly or commercially known as tread rubber or camelback; or " (2) which is a substitute for a material described in paragraph (1) and is of a type used in recapping or retreading tires. "(c) TIRES or THE T Y P E USED ON HIGHWAY VEHICLES.—For purposes of this part, the term 'tires of the type used on highway vehicles' means tires of the type used on— "(1) motor vehicles which are highway vehicles, or " (2) vehicles of the type used in connection with motor vehicles which are highway vehicles." (c)

EXEMPTION OF CERTAIN TREAD RUBBER FROM TAX.—Section

4073 (relating to exemptions) is amended by adding at the end thereof the following new subsection: "(c)

26^scf*407¥*

^^ "^^ ^^3*

EXEMPTION FROM TAX ON TREAD RUBBER IN CERTAIN CASES.—

Under regulations prescribed by the Secretary or his delegate, the tax imposed by section 4071(a)(4) shall not apply to tread rubber sold by the manufacturer, producer, or importer, to any person for use by such person otherwise than in the recapping or retreading of tires of the type used on highway vehicles." (d) TECHNICAL AMENDMENT.—The table of sections for part II of subchapter A of chapter 32 is amended by striking out "Sec. 4072. Definition of rubber." and inserting in lieu thereof "Sec. 4072. Definitions." SEC. 205. INCREASE IN TAX ON GASOLINE. Section 4081 (relating to tax on gasoline) is amended to read as ^e use 408i. follows: "SEC. 4081. IMPOSITION OF TAX. " (a) IN GENERAL.—There is hereby imposed on gasoline sold by the producer or importer thereof, or by any producer of gasoline, a tax of 3 cents a gallon. " (b) RATE REDUCTION.—On and after July 1, 1972, the tax imposed by this section shall be IV2 cents a gallon." SEC. 206. TAX ON USE OF CERTAIN VEHICLES. (a) IMPOSITION OF TAX.—Chapter 36 (relating to certain other ex- l%^rfi^^ lIi 1 cise taxes) is amended by adding at the end thereof the following new 4474. subchapter:

�