[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5170 Introduced in House (IH)]







108th CONGRESS
  2d Session
                                H. R. 5170

To require the Secretary of Transportation, in computing the estimated 
  tax payments attributed to highway users for purposes of title 23, 
  United States Code, to take into account any law that replaces the 
       reduced rates of tax on gasohol with an excise tax credit.


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                    IN THE HOUSE OF REPRESENTATIVES

                           September 29, 2004

Mr. Kennedy of Minnesota (for himself, Mr. LaTourette, Mr. Boehner, Mr. 
 Ramstad, Mr. Gillmor, Mr. Chabot, Ms. Kaptur, Mr. Regula, Mr. Oxley, 
 Mrs. Jones of Ohio, Ms. Pryce of Ohio, Mr. Gutknecht, Mr. Tiberi, Mr. 
Johnson of Illinois, Mr. Portman, Mr. Turner of Ohio, Mr. McInnis, Mr. 
 Strickland, Mr. Ryan of Ohio, Mr. Brown of Ohio, Mr. Kline, Mr. Ney, 
 Mr. Shimkus, and Mr. LaHood) introduced the following bill; which was 
     referred to the Committee on Transportation and Infrastructure

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                                 A BILL


 
To require the Secretary of Transportation, in computing the estimated 
  tax payments attributed to highway users for purposes of title 23, 
  United States Code, to take into account any law that replaces the 
       reduced rates of tax on gasohol with an excise tax credit.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. COMPUTATION OF CERTAIN ESTIMATED TAX PAYMENTS.

    If any amendment to, or repeal of, section 4041(k) or 4081(c) or 
subparagraph (E) or (F) of section 9503(b)(4) of the Internal Revenue 
Code of 1986 (as in effect on the day before the date of the enactment 
of this Act) results in an increase in the portion of the tax imposed 
by section 4041 or 4081 of such Code which is taken into account in 
determining the amount appropriated to the Highway Trust Fund and the 
Secretary of Transportation takes into account any fiscal year 
beginning before the effective date of such amendment or repeal in 
computing the apportionment of funds pursuant to sections 104 and 105 
of title 23, United States Code, for any fiscal year beginning on or 
after such date, the Secretary shall determine such apportionment by 
using the amount of estimated tax receipts that the Secretary estimates 
would have resulted had such amendment or repeal taken effect at the 
beginning of the fiscal year which is so taken into account.
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