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Title: H. R. 2233: A Bill to amend the Internal Revenue Code of 1986 to increase the gasoline tax for purposes of providing additional revenues for the Mass Transit Account in the Highway Trust Fund and for purposes of reducing the deficit. Introduced in the House of Representatives, One Hundred First Congress, First Session, May 4, 1989

Book ·
OSTI ID:5237576

The gasoline tax for the Highway Trust Fund would be increased from 9 cents to 12 cents per gallon, and the deficit reduction rate would be set at 7 cents per gallon. Four cents out of the 12 cent tax for the Highway Trust Fund is designated for mass transit. These increases will not apply to gasohol. The effective date will be the date of enactment.

OSTI ID:
5237576
Country of Publication:
United States
Language:
English

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Related Subjects

02 PETROLEUM
29 ENERGY PLANNING
POLICY AND ECONOMY
GASOLINE
TAX LAWS
AMENDMENTS
ECONOMIC POLICY
FINANCING
GASOHOL
IMPLEMENTATION
LEGISLATION
LEGISLATIVE TEXT
MASS TRANSIT SYSTEMS
ROADS
TAXES
FUELS
GOVERNMENT POLICIES
LAWS
LIQUID FUELS
PETROLEUM PRODUCTS
TRANSPORTATION SYSTEMS
020700* - Petroleum- Economics
Industrial
& Business Aspects
021000 - Petroleum- Legislation & Regulations
294002 - Energy Planning & Policy- Petroleum
290200 - Energy Planning & Policy- Economics & Sociology