Pub. L. 92-558, tit. II, sec. 201

Sec. 201. (a) Section 4161 of the Internal Revenue Code of 1954 (relating to the imposition of tax on the sale of certain articles) is amended— (1) by striking out “There is” and inserting in lieu thereof the following: “(a) Rods, Creels, Etc.—There is”; and (2) by adding at the end thereof the following new subsection: “(b) Bows and Arrows, Etc.— “(1) Bows and arrows.— There is hereby imposed upon the sale by the manufacturer, producer, or importer— “(A) of any bow which has a draw weight of 10 pounds or more, and “(B) of any arrow which measures 18 inches overall or more in length, a tax equivalent to 11 percent of the price for which so sold. “(2) Parts and accessories.— There is hereby imposed upon the sale by the manufacturer, producer, or importer— “(A) of any part or accessory (other than a fishing reel) suitable for inclusion in or attachment to a bow or arrow described in paragraph (1), and “(B) of any quiver suitable for use with arrows described hi paragraph (1), a tax equivalent to 11 percent of the price for which so sold.” (b) The amendments made by subsection (a) of this section shall apply with respect to articles sold by the manufacturer, producer, or importer thereof on or after July 1, 1974.