109 HR 5702 IH: Aviation Industry Tax Equity Act of U.S. House of Representatives 2006-06-28 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.

I 109th CONGRESS 2d Session H. R. 5702 IN THE HOUSE OF REPRESENTATIVES June 28, 2006 Mr. Linder introduced the following bill; which was referred to the Committee on Ways and Means A BILL To suspend the excise tax on fuel used in commercial aviation.

1.

Short title

This Act may be cited as the Aviation Industry Tax Equity Act of 2006.

2.

Suspension of excise tax on aviation fuel used in commercial aviation

(a)

In general

During the suspension period— (1)the rate of tax under clause (i) of section 4081(a)(2)(C) of the Internal Revenue Code of 1986 shall be zero, and (2)clause (ii) of section 6427(l)(4)(A) of such Code shall not apply. (b)

Definitions

For purposes of this section— (1)

Suspension period

The term suspension period means the period beginning on the tax suspension date and ending on the suspension termination date. (2)

Tax suspension date

The term tax suspension date means the day after the date of the enactment of this Act. (3)

Suspension termination date

The term suspension termination date means September 30, 2007.