CONTINUATION OF EXCISE TAXES ON COMMUNICATION SERVICES AND ON AUTOMOBILES.

SEC. 105. CONTINUATION OF EXCISE TAXES ON COMMUNICATION SERVICES AND ON AUTOMOBILES. (a) Passenger Automobiles.— (1) In general.— Subparagraph (A) of section 4961(a)(2) (relating to tax on passenger automobiles, etc.) is amended to read as follows: “(A) Articles enumerated in subparagraph (B) are taxable at whichever of the following rates is applicable: “If the article is sold— The tax rate is— Before January 1, 1970 7 percent During 1970 5 percent During 1971 3 percent During 1972 1 percent The tax imposed by this subsection shall not apply with respect to articles enumerated in subparagraph (B) which are sold by the manufacturer, producer, or importer after December 31, 1972.” (2) Conforming amendment.— Sect ion 6412(a)(1) (relating to floor stocks refunds on passenger automobiles, etc.) is amended by striking out “May 1, 1968, or January 1, 1969,” and inserting in lieu thereof “January 1, 1970, January 1, 1971, January 1, 1972, or January 1, 1973,”. (b) Communications Services.— (1) Continuation of tax.—Paragraph (2) of section 4251(a) (relating to tax on certain communications services) is amended to read as follows: “(2) The rate of tax referred to in paragraph (1) is as follows: “Amounts paid pursuant to bills first redered— Percent— Before January 1, 1970 10 During 1970 5 During 1971 3 During 1972 1.” (2) Conforming amendments.— Subsection (b) of section4251 (relating to termination of tax) is amended by striking out “January 1, 1969” and inserting in lieu thereof “January 1, 1973”, and subsection (c) of section 4251 is amended to read as follows: “(c) Special Rule.— For purposes of subsections (a) and (b), in the case of communications services rendered before November 1 of a82 Stat. 266 calendar year for which a bill has not been rendered before the close of such year, a bill shall be treated as having been first rendered on December 31 of such year.” (3) Repeal of subchafter b of chapter 33.—Effective with respect to amounts paid pursuant to bills first rendered on or after January 1, 1973, subchapter B of chapter 33 (relating to the tax on communications) is repealed. For purposes of the preceding sentence, in the case of communications services rendered before November 1, 1972, for which a bill has not been rendered before January 1, 1973, a bill shall be treated as having been first rendered on December 31, 1972. Effective January 1, 1973, the table of subchapters for chapter 33 is amended by striking out the item relating to such subchapter B. (c) Effective Date.— The amendments made by this section shall take effect as of April 30, 1968.