3.0.0 2971 2023-01-11T13:30:34Z 2023-01-11T13:30:34Z House HR 2015-07-08 114 [Congressional Record Volume 161, Number 105 (Wednesday, July 8, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. RICE of South Carolina:H.R. 2971.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1: The Congress shall have thePower To lay and collect Taxes, Duties, Imposts, and Excises,to pay the Debts and provide for the common[Page H4956]]]> hswm00 Ways and Means Committee House Standing Referred to 2015-07-08T14:03:05Z 2015-07-08 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2015-07-08 Introduced in House IntroReferral Intro-H 9 Library of Congress 2015-07-08 Introduced in House IntroReferral 1000 9 Library of Congress R000597 Rep. Rice, Tom [R-SC-7] Tom Rice R SC 7 N Taxation Appropriations Government trust funds Income tax credits Motor fuels Public transit Roads and highways Sales and excise taxes Transportation programs funding Taxation 00 2015-07-08 Introduced in House 2015-08-18T18:57:46Z Highway Trust Fund Certainty Act

This bill amends the Internal Revenue Code to: (1) increase the current excise tax rates on gasoline and diesel fuel or kerosene and special fuels and to repeal the reversion of increased fuel tax rates to 4.3 cents per gallon after September 30, 2016, (2) make permanent the excise tax on certain alcohol fuels and fuels used in certain buses, (3) allow U.S. citizens a new tax credit after 2015 for the lesser of 3.1% of earned income or $133, and (4) allow additional appropriations to the Highway and Mass Transit Accounts of the Highway Trust Fund and provide for repayments from such Fund to the general fund of the Treasury for amounts advanced to such Fund.

]]> Highway Trust Fund Certainty Act Display Title Highway Trust Fund Certainty Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to bring certainty to the funding of the Highway Trust Fund, and for other purposes. Introduced in House IH Short Titles as Introduced Highway Trust Fund Certainty Act Introduced in House 2015-07-08T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr2971ih/xml/BILLS-114hr2971ih.xml 2015-07-08 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.