Yea for our elected officials! They're doing such a great job! Maybe they'll vote themselves a pay raise soon!
They sure won't get a donation from me! I don't know who snuck this in there, but if think it is best to not give any of them my money.
Here's the text straight from the bill to be voted on tonight.
SEC. 503. EXEMPTION FROM EXCISE TAX FOR CERTAIN WOODEN ARROWS DESIGNED FOR USE BY CHILDREN.
(a) IN GENERAL.—Paragraph (2) of section 4161(b) is amended by redesignating subparagraph (B) as sub-paragraph (C) and by inserting after subparagraph (A) the following new subparagraph:
(B) EXEMPTIONFOR CERTAIN WOODEN ARROWSHAFTS.—Subparagraph (A) shall not apply to any shaft consisting of all natural wood with no laminations or artificial means of enhancing the spine of such shaft (whether sold separately or incorporated as part of a finished or unfinished product) of a type used in the manufacture of any arrow which after its assembly
(i) measures 5⁄16of an inch or less in diameter, and (ii) is not suitable for use with a bow described in paragraph (1)(A)
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