Page:United States Statutes at Large Volume 98 Part 1.djvu/1025

 PUBLIC LAW 98-369—JULY 18, 1984

98 STAT. 977

"(A) by substituting '4 cents' for '9 cents' in the case of the sale of any gasohol (the gasoline in which was not taxed under subparagraph (B)), and "(B) by substituting '4% cents' for '9 cents' in the case of the sale of any gasoline for use in producing gasohol. For purposes of this paragraph, the term 'gasohol' means any mixture of gasoline if at least 10 percent of such mixture is alcohol."

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(2) LATER SEPARATION OF GASOLINE.—Paragraph (2) of section

4081(c) is amended— (A) by striking out "at the rate of 4 cents a gallon" and inserting in lieu thereof "at a rate equivalent to 4 cents a gallon", and (B) by striking out "5 cents a gallon" and inserting in lieu thereof "4% cents a gallon". (3) CREDIT OR REFUND.—Paragraph (1) of section 6427(f) (relating to gasoline used to produce certain alcohol fuels) is amended by striking out "5 cents" and inserting in lieu thereof "4% cents",

26 USC 4081.

26 USC 6427.

(b) LOWER FLOOR STOCKS TAX ON GASOHOL.—Subsection (a) of

section 521 of the Highway Revenue Act of 1982 is amended by 26 USC 4061 inserting "(4 cents a gallon in the case of a gallon of gasohol, as "o^. defined in section 4081(c))" after "5 cents a gallon".

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SEC. 733. CERTAIN CHAIN OPERATORS OF RETAIL GASOLINE STATIONS 3 TREATED AS PRODUCERS. (a) IN GENERAL.—Subsection (d) of section 4082 (defining whole- 26 USC 4082. sale distributor) is amended to read as follows: "(d) WHOLESALE DISTRIBUTOR.—As used in subsection (a), the term 'wholesale distributor' includes— "(1) any person who— "(A) sells gasoline to producers, retailers, or to users who purchase in bulk quantities and deliver into bulk storage tanks, or "(B) purchases gasoline from a producer and distributes such gasoline to 10 or more retail gasoline stations under common management with such person, "(2) but only if such person elects to register with respect to the tax imposed by section 4081. Such term does not include any person who (excluding the term 'wholesale distributor' from subsection (a)) is a producer or importer." (b) EFFECTIVE DATE.—The amendment made by subsection (a) 26 USC 4082 shall take effect on the first day of the first calendar quarter note. beginning after the date of the enactment of this Act. SEC. 734. OTHER TECHNICAL AMENDMENTS. (a) FLOOR STOCKS REFUNDS FOR TIRES TAXED AT LOWER RATE AFTER JANUARY 1, 1984.—

(1) IN GENERAL.—Paragraph (1) of section 523(b) of the Highway Revenue Act of 1982 (relating to floor stocks refunds for 26 USC 4061 tires) is amended by inserting "(or will be subject to a lower rate note. of tax under such section)" after "and which will not be subject to tax under such section". (2) AMOUNT OF REFUND LIMITED TO REDUCTION IN TAX, ETC.—

(A) IN GENERAL.—Subsection (b) of section 523 of the Highway Revenue Act of 1982 (relating to floor stocks

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