Page:United States Statutes at Large Volume 98 Part 1.djvu/1030

 98 STAT. 982 26 USC 48.

26 USC 4071.

26 USC 4072. 26 USC 4073.

PUBLIC LAW 98-369—JULY 18, 1984 (1) Clause (i) of section 48(1)(16)(B) (defining qualified intercity bus) is amended to read as follows: "(i) the chassis of which is an automobile bus chassis and the body of which is an automobile bus body,". (2)(A) The first sentence of section 4071(b) is amended by striking out "or inner tube" and by striking out "or tube" each place it appears. (B) The first sentence of section 4071(c) is amended by striking out "on total weight," and all that follows and inserting in lieu thereof "on total weight exclusive of metal rims or rim bases." (C) Subsection (e) of section 4071 is amended— (i) by striking out "or inner tubes (other than bicycle tires and inner tubes)", (ii) by striking out "and inner tubes" in paragraphs (1) and (2), and (iii) by striking out the last sentence and inserting in lieu thereof the following: "This subsection shall not apply with respect to the sale of an automobile bus chassis or an automobile bus body." (D) Subsection (f) of section 4071 (relating to imported recapped or retreaded United States tires) is hereby repealed. (3) Section 4072 (relating to definitions) is amended by striking out subsection (b) and by redesignating subsection (c) as subsection (b). (4) Section 4073 (relating to exemptions) is amended to read as follows: "SEC. 4073. EXEMPTION FOR TIRES WITH INTERNAL WIRE FASTENING.

26 USC prec. 4071.

"The tax imposed by section 4071 shall not apply to tires of extruded tiring with an internal wire fastening agent." (5)(A) The heading for part II of subchapter A of chapter 32 is amended by striking out ^'AND TUBES". (B) The table of parts for subchapter A of chapter 32 is amended by striking out "and tubes' in the item relating to part II. (C) The item relating to section 4073 in the table of sections for part II of subchapter A of chapter 32 is amended to read as follows: "Sec. 4073. Exemption for tires with internal wire fastening."

26 USC 4216. •_>e'

(6)(A) Paragraph (1) of section 4216(b) (defining constructive sale price) is amended— (i) by striking out "(other than an article the sale of which is taxable under section 4061(a))" in the second sentence, and (ii) by striking out the third sentence. (B) Paragraph (2) of section 4216(b) is amended by striking out subparagraph (C), by adding "and" at the end of subparagraph (B), and by redesignating subparagraph (D) as subparagraph (C). (C) Subsection (h) of section 4216 is amended by striking out paragraph (5). (D) Paragraph (3) of section 4216(b) is amended by striking out "paragraphs (4) and (5)" and inserting in lieu thereof "paragraph (4)*^. (E) Paragraph (6) of section 4216(b) is redesignated as paragraph (5) and is amended by striking out "(1), (3), and (5)' and inserting in lieu thereof "(1) and (3)".

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