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- H.R.4206
H.R.4206: To amend the Internal Revenue Code of 1986 to provide that the amount of the aviation excise taxes for any fiscal year shall equal the expenditures from the Airport and Airway Trust Fund for the prior fiscal year, and for other purposes.
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about taxation
- Introduced Sept. 26, 1996
- Latest Major Action Sept. 27, 1996
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Amends the Internal Revenue Code to: (1) provide that the amount of fiscal year aviation excise taxes shall match Airport and Airway Trust Fund expenditures; (2) require annual aviation tax rate determinations by a specified date; and (3) establish in such Fund an Annual Reserve Account.
(Source: Library of Congress)
Bill Actions
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Referred to the Committee on Ways and Means, and in addition to the Committees on the Budget, Government Reform and Oversight, and Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Referred to House Ways and Means
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Referred to House Budget
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Referred to House Government Reform and Oversight
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Referred to House Transportation and Infrastructure
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Sponsor introductory remarks on measure.
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| Sept. 26, 1996 |
Introduced in the House by James Ross Lightfoot (R-Iowa) |