3.0.0 1994 2023-01-11T13:29:57Z 2023-01-11T13:29:57Z Senate S 2015-08-05 114 ssfi00 Finance Committee Senate Standing Referred to 2015-08-05T23:09:00Z Update, Promote, and Develop America's Transportation Essentials Act of 2015 114 680 HR 2015-02-03 Referred to the House Committee on Ways and Means. Related bill CRS Working Families Tax Relief Act of 2015 114 1012 S 2015-04-20 Read twice and referred to the Committee on Finance. Related bill CRS 2015-08-05 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2015-08-05 Introduced in Senate IntroReferral 10000 9 Library of Congress C000174 Sen. Carper, Thomas R. [D-DE] Thomas Carper D DE R. N D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2015-08-06 False Taxation Government trust funds Income tax credits Inflation and prices Marriage and family status Motor fuels Oil and gas Poverty and welfare assistance Public transit Roads and highways Sales and excise taxes Tax treatment of families Transportation programs funding Wages and earnings Taxation 00 2015-08-05 Introduced in Senate 2016-02-18T20:37:34Z Tax Relief And #FixTheTrustFund For Infrastructure Certainty Act of 2015 or the TRAFFIC Relief Act

This bill amends the Internal Revenue Code to phase in: (1) an increase of the excise tax rate on gasoline beginning in 2016 until such rate is 34.3 cents per gallon in calendar years beginning after 2018, and (2) a similar increase to 40.3 cents per gallon for diesel fuel and kerosene. The rates are to be adjusted for inflation for calendar years after 2019.

The bill phases in increases in allocations of fuel excise tax amounts to the Mass Transit Account of the Highway Trust Fund for calendar years beginning in 2015. Such increased allocations are to be adjusted for inflation for calendar years beginning after 2019.

The bill makes permanent the increase in the refundable portion of the child tax credit and the increase in the earned income tax credit for families with three or more qualifying children.

The earned income tax credit is also modified to: (1) allow an increase in such credit for individuals with no qualifying children, (2) revise tax credit eligibility rules for married individuals living apart and qualifying children claimed by another family member, and (3) repeal the denial of such credit for taxpayers with excess investment income.

]]> Tax Relief And #FixTheTrustFund For Infrastructure Certainty Act of 2015 Display Title Tax Relief And #FixTheTrustFund For Infrastructure Certainty Act of 2015 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to increase certain fuel taxes and to strengthen the earned income tax credit and make permanent certain tax provisions under the American Recovery and Reinvestment Act of 2009. Introduced in Senate IS Short Titles as Introduced Tax Relief And #FixTheTrustFund For Infrastructure Certainty Act of 2015 Short Titles as Introduced TRAFFIC Relief Act Introduced in Senate 2015-08-05T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s1994is/xml/BILLS-114s1994is.xml 2015-08-05 Read twice and referred to the Committee on Finance. 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.