CHANGE IN TAX ON NON-TURBINE-POWERED AIRCRAFT.

SEC. 305. CHANGE IN TAX ON NON-TURBINE-POWERED AIRCRAFT. (a) Exemption of First 2,500 Pounds.—Section 4491(a)(2) (relating to tax on use of civil aircraft ) is amended by striking out clause (A) and inserting in lieu thereof “(A) in the case of an aircraft (other than a turbine-engine-powered aircraft), 2 cents a pound for each pound of the maximum certificated takeoff weight in excess of 2,500 pounds, or”. (b) Effective Date.—The amendment made by subsection (a) shall take effect on July 1, 1971.