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- S.634
S.634: 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, and for other purposes.
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced April 23, 1997
- Latest Major Action April 23, 1997
Bill Sponsor
Bill Summary
Amends the Internal Revenue Code to increase the Highway Trust Fund financing rate for gasoline, special motor fuels, and diesel fuel. Establishes in the Highway Trust Fund the Intercity Passenger Rail Account. Transfers to the Account certain portions of the amounts attributable to taxes imposed between specified dates under provisions relating to gasoline, diesel fuel, special motor fuels, compressed natural gas, methanol and ethanol fuel,...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| April 23, 1997 |
Introduced in the Senate by Max Baucus (D-Mont.) |