Firearms Excise Tax Improvement Act of 2010

Bill: 111-hr-5552
Sponsor: Rep. Kind, Ron [D-WI-3]
Introduced: 2010-06-17 in the House
Policy area: Taxation
Subjects: Budget deficits and national debt
Corporate finance and management
Crime victims
Criminal procedure and sentencing
Firearms and explosives
Outdoor recreation
Sales and excise taxes
Tax administration and collection, taxpayers

Summary:
action_date: 2010-06-17
text: 
Firearms Excise Tax Improvement Act of 2010 - Amends the Internal Revenue Code to require: (1) excise taxes on recreational equipment to be due and payable on the date for filing the return for such taxes (i.e., quarterly); and (2) the Secretary of the Treasury to assess and collect, in the same manner as delinquent taxes are assessed and collected, mandatory orders of restitution for victims of crime.

action_date: 2010-06-29
text: 
Firearms Excise Tax Improvement Act of 2010 - Amends the Internal Revenue Code to require: (1) excise taxes on recreational equipment to be due and payable on the date for filing the return for such taxes (i.e., quarterly); and (2) the Secretary of the Treasury to assess and collect, in the same manner as delinquent taxes are assessed and collected, mandatory orders of restitution for victims of crime.
 
Increases by 0.25% in the third quarter of 2015 the estimated tax payments of corporations with assets of not less than $1 billion.
 
Provides for compliance of the budgetary effects of this Act with the Statutory Pay-As-You-Go Act of 2010.

action_date: 2010-08-05
text: 

(This measure has not been amended since it was passed by the House on June 29, 2010. The summary of that version is repeated here.)

 
Firearms Excise Tax Improvement Act of 2010 - Amends the Internal Revenue Code to require: (1) excise taxes on recreational equipment to be due and payable on the date for filing the return for such taxes (i.e., quarterly); and (2) the Secretary of the Treasury to assess and collect, in the same manner as delinquent taxes are assessed and collected, mandatory orders of restitution for victims of crime.
 
Increases by 0.25% in the third quarter of 2015 the estimated tax payments of corporations with assets of not less than $1 billion.
 
Provides for compliance of the budgetary effects of this Act with the Statutory Pay-As-You-Go Act of 2010.

action_date: 2010-08-16
text: 

(This measure has not been amended since it was passed by the House on June 29, 2010. The summary of that version is repeated here.)

 
Firearms Excise Tax Improvement Act of 2010 - Amends the Internal Revenue Code to require: (1) excise taxes on recreational equipment to be due and payable on the date for filing the return for such taxes (i.e., quarterly); and (2) the Secretary of the Treasury to assess and collect, in the same manner as delinquent taxes are assessed and collected, mandatory orders of restitution for victims of crime.
 
Increases by 0.25% in the third quarter of 2015 the estimated tax payments of corporations with assets of not less than $1 billion.
 
Provides for compliance of the budgetary effects of this Act with the Statutory Pay-As-You-Go Act of 2010.


Legislative actions:
action_date: 2010-08-16
text: Became Public Law No: 111-237.
action_date: 2010-08-16
text: Became Public Law No: 111-237.
action_date: 2010-08-16
text: Signed by President.
action_date: 2010-08-16
text: Signed by President.
action_date: 2010-08-10
text: Presented to President.
action_date: 2010-08-10
text: Presented to President.
action_date: 2010-08-06
text: Message on Senate action sent to the House.
action_date: 2010-08-05
text: Cleared for White House.
action_date: 2010-08-05
text: Passed Senate without amendment by Unanimous Consent. (consideration: CR S6975)
action_date: 2010-08-05
text: Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S6975)
action_date: 2010-07-12
text: Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 456.
action_date: 2010-06-30
text: Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
action_date: 2010-06-29
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2010-06-29
text: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 412 - 6 (Roll no. 400). (text: CR H4934)
action_date: 2010-06-29
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 412 - 6 (Roll no. 400).(text: CR H4934)
action_date: 2010-06-29
text: Considered as unfinished business. (consideration: CR H4943-4944)
action_date: 2010-06-29
text: At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
action_date: 2010-06-29
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 5552.
action_date: 2010-06-29
text: Considered under suspension of the rules. (consideration: CR H4934-4936)
action_date: 2010-06-29
text: Mr. Kind moved to suspend the rules and pass the bill, as amended.
action_date: 2010-06-17
text: Referred to the House Committee on Ways and Means.
action_date: 2010-06-17
text: Introduced in House
action_date: 2010-06-17
text: Introduced in House

Enacted as: number: 111-237