113 S2955 IS: To revise the Inland Waterways Trust Fund financing rate. U.S. Senate 2014-11-20 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

II113th CONGRESS2d SessionS. 2955IN THE SENATE OF THE UNITED STATESNovember 20, 2014Mr. Casey (for himself, Mr. Alexander, Ms. Klobuchar, Mr. Harkin, and Mr. Franken) introduced the following bill; which was read twice and referred to the Committee on FinanceA BILLTo revise the Inland Waterways Trust Fund financing rate.

1.

Revision to the Inland Waterways Trust Fund financing rate

(a)

In general

Subparagraph (A) of section 4042(b)(2) of the Internal Revenue Code of 1986 is amended to read as follows:(A)The Inland Waterways Trust Fund financing rate is 29 cents per gallon..(b)

Effective date

The amendment made by this section shall apply to uses during calendar quarters beginning more than 60 days after the date of the enactment of this Act.