H.R.1664: Investing in America: A Penny for Progress Act

About This Bill

  • Introduced March 22, 2017
  • Latest Major Action March 23, 2017

Bill Version

Bill Summary

Investing in America: A Penny for Progress Act This bill amends the Internal Revenue Code to require federal taxes on gasoline and diesel fuel or kerosene to be increased annually after 2017 to account for: (1) highway construction costs, and (2) reduced fuel usage due to Corporate Average Fuel Economy (CAFE) standards. The bill exempts kerosene fuels used in aviation from the increases and limits the annual increases to 1.5 cents. The bill...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with H.R.1664.

Bill Actions

Date Description
March 23, 2017
Referred to the Subcommittee on Highways and Transit.
March 22, 2017
Referred to House Transportation and Infrastructure
March 22, 2017
Referred to House Ways and Means
March 22, 2017
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.
March 22, 2017

Introduced in the House by Peter A. DeFazio (D-Ore.)

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