Committee On Ways And Means Technical Reconsideration of H.R. 534 (Recreational Boat User Fee Relief Act) Jcx-24-91
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That sequential referral has been extended through October 22, 1991, to allow Ways and Means to make a technical modification to its prior action.
H.R. 534, as ordered reported by Ways and Means, repeals the recreational boat user fee imposed by the Omnibus Budget Reconciliation Act of 1990, effective October 1, 1992, subject to an anti-sequester provision. Full repeal of the fee is contingent on sufficient offsetting revenues being raised by a newly imposed access fee to an Automated Tariff Fi...ling and Information System (the "ATFI system") being developed by the Federal Maritime Commission (the "FMC access fee"). As ordered reported by Ways and Means, the FMC access fee would be effective on October 1, 1992.
A complete description of present law, the applicable legislative background, and the provisions approved by Ways and Means on October 16, 1991, is attached. (JCX-21-91) II. Technical Issue for Consideration Subsequent to the Ways and Means action, the Congressional Budget Office informed Ways and Means that the bill, as ordered reported, would generate an increase in direct spending in FY 1992, thereby threatening a pay-as-you-go sequester.
What to read after Committee On Ways And Means Technical Reconsideration of H.R. 534 (Recreational Boat User Fee Relief Act) Jcx-24-91?
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To quickly assess the difficulty of the text, read a short excerpt:
That sequential referral has been extended through October 22, 1991, to allow Ways and Means to make a technical modification to its prior action.
H.R. 534, as ordered reported by Ways and Means, repeals the recreational boat user fee imposed by the Omnibus Budget Reconciliation Act of 1990, effective October 1, 1992, subject to an anti-sequester provision. Full repeal of the fee is contingent on sufficient offsetting revenues being raised by a newly imposed access fee to an Automated Tariff Fi...ling and Information System (the "ATFI system") being developed by the Federal Maritime Commission (the "FMC access fee"). As ordered reported by Ways and Means, the FMC access fee would be effective on October 1, 1992.
A complete description of present law, the applicable legislative background, and the provisions approved by Ways and Means on October 16, 1991, is attached. (JCX-21-91) II. Technical Issue for Consideration Subsequent to the Ways and Means action, the Congressional Budget Office informed Ways and Means that the bill, as ordered reported, would generate an increase in direct spending in FY 1992, thereby threatening a pay-as-you-go sequester.
What to read after Committee On Ways And Means Technical Reconsideration of H.R. 534 (Recreational Boat User Fee Relief Act) Jcx-24-91?
You can find similar books in the "Read Also" column, or choose other free books by United States. Congress. Joint Committee On Taxation to read onlineMoreLess
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