[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[S. 2955 Introduced in Senate (IS)]

113th CONGRESS
  2d Session
                                S. 2955

       To revise the Inland Waterways Trust Fund financing rate.


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                   IN THE SENATE OF THE UNITED STATES

                           November 20, 2014

 Mr. Casey (for himself, Mr. Alexander, Ms. Klobuchar, Mr. Harkin, and 
 Mr. Franken) introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
       To revise the Inland Waterways Trust Fund financing rate.

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

SECTION 1. REVISION TO THE INLAND WATERWAYS TRUST FUND FINANCING RATE.

    (a) In General.--Subparagraph (A) of section 4042(b)(2) of the 
Internal Revenue Code of 1986 is amended to read as follows:
                    ``(A) The Inland Waterways Trust Fund financing 
                rate is 29 cents per gallon.''.
    (b) Effective Date.--The amendment made by this section shall apply 
to uses during calendar quarters beginning more than 60 days after the 
date of the enactment of this Act.
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