[Congressional Record Volume 162, Number 55 (Tuesday, April 12, 2016)]
[Senate]
[Page S1979]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 3681. Mr. HATCH submitted an amendment intended to be proposed by 
him to the bill H.R. 636, to amend the Internal Revenue Code of 1986 to 
permanently extend increased expensing limitations, and for other 
purposes; which was ordered to lie on the table; as follows:

       At the end, insert the following:

  TITLE VI--AIRPORT AND AIRWAY TRUST FUND PROVISIONS AND RELATED TAXES

     SEC. 6001. EXPENDITURE AUTHORITY FROM AIRPORT AND AIRWAY 
                   TRUST FUND.

       (a) In General.--Section 9502(d)(1) of the Internal Revenue 
     Code of 1986 is amended--
       (1) in the matter preceding subparagraph (A), by striking 
     ``July 16, 2016'' and inserting ``October 1, 2017''; and
       (2) in subparagraph (A), by striking the semicolon at the 
     end and inserting ``or the Federal Aviation Administration 
     Reauthorization Act of 2016;''.
       (b) Conforming Amendment.--Section 9502(e)(2) of such Code 
     is amended by striking ``July 16, 2016'' and inserting 
     ``October 1, 2017''.

     SEC. 6002. EXTENSION OF TAXES FUNDING AIRPORT AND AIRWAY 
                   TRUST FUND.

       (a) Fuel Taxes.--Section 4081(d)(2)(B) of the Internal 
     Revenue Code of 1986 is amended by striking ``July 15, 2016'' 
     and inserting ``September 30, 2019''.
       (b) Ticket Taxes.--
       (1) Persons.--Section 4261(k)(1)(A)(ii) of such Code is 
     amended by striking ``July 15, 2016'' and inserting 
     ``September 30, 2019''.
       (2) Property.--Section 4271(d)(1)(A)(ii) of such Code is 
     amended by striking ``July 15, 2016'' and inserting 
     ``September 30, 2019''.
       (c) Fractional Ownership Programs.--
       (1) Treatment as non-commercial aviation.--Section 4083(b) 
     of such Code is amended by striking ``July 16, 2016'' and 
     inserting ``October 1, 2019''.
       (2) Exemption from ticket taxes.--Section 4261(j) of such 
     Code is amended by striking ``July 15, 2016'' and inserting 
     ``September 30, 2019''.
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