S.630: A bill to amend the Internal Revenue Code of 1986 to deposit in the Highway Trust Fund the receipts of the 4.3-cent increase in the fuel tax rates enacted by the Omnibus Budget Reconciliation Act of 1993.

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about taxation
  • Introduced April 22, 1997
  • Latest Major Action April 22, 1997

Bill Summary

Amends the Internal Revenue Code to increase the Highway Trust Fund financing rate for gasoline, special motor fuels, and diesel fuel. Declares that deposits into the Fund resulting from the amendments made by this Act shall not be: (1) be taken into account for specified provisions of Federal law and of the Intermodal Surface Transportation Efficiency Act of 1991; and (2) available without further appropriation under certain provisions of the...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
April 22, 1997

Introduced in the Senate by Robert C. Byrd (D-W.Va.)

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