3.0.0 3967 2023-01-15T10:32:59Z 2023-01-15T10:32:59Z House H HR 2004-03-12 108 hspw00 Transportation and Infrastructure Committee House Standing Legislative interest 2004-09-14T19:33:00Z Legislative interest 2004-08-16T20:10:00Z Legislative interest 2004-08-02T16:57:00Z Legislative interest 2004-05-20T14:58:00Z Legislative interest 2004-04-20T20:47:00Z Legislative interest 2004-03-18T22:20:00Z Legislative interest 2004-03-15T15:22:00Z hswm00 Ways and Means Committee House Standing Referred to 2004-03-12T16:54:41Z Highway Reauthorization Tax Act of 2004 108 3971 HR 2004-03-23 Placed on the Union Calendar, Calendar No. 257. Related bill CRS 2004-03-12 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2004-03-12 Introduced in House IntroReferral Intro-H 9 Library of Congress 2004-03-12 Introduced in House IntroReferral 1000 9 Library of Congress T000188 Rep. Thomas, William M. [R-CA-22] WILLIAM THOMAS R CA MARSHALL 22 N H.R. 3967 https://www.congress.gov/bill/108th-congress/house-bill/3967 H.R. 3971 https://www.congress.gov/bill/108th-congress/house-bill/3971 Taxation Administrative procedure Affiliated corporations Agricultural machinery Agriculture and Food Aircraft Airports Alcohol as fuel Armed Forces and National Security Automobile tires Aviation fuels Boats and boating Bridges Business records Charitable contributions Civil actions and liability Claims Collection of accounts Commerce Computer software Consumer credit Contracts Copyright Corporate philanthropy Credit cards Crime and Law Enforcement Customs administration Damages Defense contracts Defense procurement Department of the Treasury Depreciation and amortization Diesel motor Directories Dyes and dyeing Economics and Public Finance Electric power production Electric utilities Electronic data interchange Electronic government information Energy Excise tax Farmers Finance and Financial Sector Fines (Penalties) Foreign Trade and International Finance Freight Gas companies Gasoline Government Operations and Politics Government contractors Government paperwork Government service contracts Government trust funds Governmental investigations Highway finance Highway use tax Identification devices Imports Infrastructure Intangible property Intellectual property Interest Intermodal transportation Law Lease and rental services Leases Liability (Law) Limitation of actions Loans Losses Machinery Military and naval supplies Motor vehicles Patents Petroleum Petroleum pipelines Petroleum refineries Public utilities Railroad freight operations Road construction Sales tax Science, Technology, Communications Service industries Sports and Recreation Subcontractors Subsidies Surety and fidelity Tankers Tax administration Tax credits Tax deductions Tax evasion Tax exemption Tax penalties Tax rates Tax refunds Tax returns Tax simplification Tax-exempt organizations Tax-exempt securities Trade secrets Trademarks Transportation and Public Works Transportation engineering Trucking Trucks Tunnels Valuation Taxation 00 2004-03-12 Introduced in House 2004-07-27T15:20:02Z Amends the Internal Revenue Code to repeal various provisions allowing for reductions in the excise tax on certain alcohol fuel mixtures. Allows taxpayers to apply the income tax credit for alcohol products used as fuel against their excise tax liability. Repeals provisions limiting the amount of alcohol fuel tax receipts that shall be transferred to the Highway Trust Fund. Provides that the amount of such receipts that shall be appropriated to the Fund shall include amounts equivalent to the excise tax credits allowed for alcohol fuel mixtures.

Exempts certain mobile machinery from the excise tax on heavy trucks sold at retail, the use tax on highway vehicles, and the tax on tires. Makes changes to certain administrative provisions of the excise tax on gasoline, diesel fuel, and kerosene (taxable fuels), including revisions concerning: (1) the tax on aviation-grade kerosene; (2) registration of vendors of taxable fuels; (3) penalties for failure to register or report information on taxable fuels; (4) the authority of the Internal Revenue Service to inspect books and records of fuel vendors; (5) mechanical dyeing of diesel fuel and kerosene; and (6) claims for refunds and credits of fuel excise taxes.

Revises tax rules relating to ultimate vendors of taxable fuels for purposes of claiming tax refunds. Revises the excise tax on tires.

Treats bonds issued for certain transportation facilities as tax-exempt facility bonds.

Limits the depreciation period for computer software that is leased to a tax-exempt entity. Disallows certain tax losses resulting from leases of property to tax-exempt entities.

Requires an appraisal for non-inventory motor vehicles, boats, and aircraft that are claimed as a charitable deduction. Revises rules for documenting noncash charitable contributions in excess of $500. Sets forth rules for the charitable contribution deduction of patents and other intellectual property.

Authorizes the Secretary of the Treasury to contract with collection agencies to collect unpaid Federal taxes. Allows a civil action against collection agencies, but not against the United States, for unauthorized collection activities.

Allows sport franchises an amortization deduction for certain intangibles, including goodwill. Allows a 15- and 20-year recovery period respectively for the depreciation of gas utility property and electric utility transmission and distribution plant grading costs. Increases from 15 to 100 percent the amount of the continuing levy on payments to Federal vendors for unpaid taxes.

]]> To amend the Internal Revenue Code of 1986 to credit the Highway Trust Fund with the full amount of fuel taxes, to combat fuel tax evasion, and for other purposes. Display Title To amend the Internal Revenue Code of 1986 to credit the Highway Trust Fund with the full amount of fuel taxes, to combat fuel tax evasion, and for other purposes. Official Title as Introduced To amend the Internal Revenue Code of 1986 to credit the Highway Trust Fund with the full amount of fuel taxes, to combat fuel tax evasion, and for other purposes. Introduced in House IH Introduced in House 2004-03-12T05:00:00Z 2004-03-12 Referred to the House Committee on Ways and Means. 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. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.