H.R.3539: Airport and Airway Trust Fund Financing Act of 2007

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about taxation
  • Introduced Sept. 17, 2007
  • Latest Major Action Sept. 20, 2007

Bill Summary

Airport and Airway Trust Fund Financing Act of 2007 - Amends the Internal Revenue Code to (1) impose an excise tax on aviation-grade kerosene of 35.9 cents per gallon (4.3 cents per gallon for commercial aviation uses); (2) increase to 24.1 cents per gallon the tax rate for aviation gasoline; and (3) extend through FY2011 the excise tax on the transportation by air of persons and property and the excise tax on aviation gasoline and...

(Source: Library of Congress)

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.3539.

Bill Actions

Date Description
Referred to the Committee on Ways and Means, and in addition to the Committee on 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.
Referred to House Ways and Means
Referred to House Transportation and Infrastructure
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by Voice Vote.
Referred to the Subcommittee on Aviation.
Reported (Amended) by the Committee on Ways and Means. H. Rept. 110-334, Part I.
Committee on Transportation discharged.
Placed on the Union Calendar, Calendar No. 207.
On September 20, 2007, House agreement to H.Res. 664 added text similar to H.R. 3539 to H.R. 2881, the FAA Reauthorization Act of 2007.
For Further Action See H.R.2881.
Sept. 17, 2007

Introduced in the House by Charles B. Rangel (D-N.Y.)

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