SIMPLIFICATION OF IMPOSITION OF EXCISE TAX ON ARROWS.

SEC. 1433. SIMPLIFICATION OF IMPOSITION OF EXCISE TAX ON ARROWS. (a) In General.—Subsection (b) of section 4161 (relating to imposition of tax) is amended to read as follows: “(b) Bows and Arrows, Etc.— “(1) Bows.— “(A) In general.—There is hereby imposed on the sale by the manufacturer, producer, or importer of any bow which has a draw weight of 10 pounds or more, a tax equal to 11 percent of the price for which so sold. “(B) Parts and accessories.—There is hereby imposed upon the sale by the manufacturer, producer, or importer— “(i) of any part of accessory suitable for inclusion in or attachment to a bow described in subparagraph (A), and “(ii) of any quiver suitable for use with arrows described in paragraph (2), a tax equivalent to 11 percent of the price for which so sold. “(2) Arrows.—There is hereby imposed on the sale by the manufacturer, producer, or importer of any shaft, point, nock, or vane of a type used in the manufacture of any arrow which after its assembly—111 STAT. 1052 “(A) measures 18 inches overall or more in length, or “(B) measures less than 18 inches overall in length but is suitable for use with a bow described in paragraph (IKA), a tax equal to 12.4 percent of the price for which so sold. “(3) Coordination with subsection (a).—No tax shall be imposed under this subsection with respect to any article taxable under subsection (a).”. (b) Effective Date.—The amendment made by subsection (a) shall apply to articles sold by the manufacturer, producer, or importer after September 30, 1997.