S 2090
106th Congress
Senate
Taxation
Diesel motor
Energy
Fuel
Gasoline tax
Petroleum prices
Tax rates
Transportation and Public Works
America's Transportation Recovery Act of 2000
Introduced: February 24, 2000
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 24, 2000
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S803-804)
Feb 24, 2000
Sponsor introductory remarks on measure. (CR S803)
Feb 24, 2000
Introduced in Senate
Plain-English summary
America's Transportation Recovery Act of 2000 - Amends the Internal Revenue Code to provide for a one year moratorium on the 24.3 cents per gallon excise tax on diesel fuel. Sets the rate of such tax on such fuel at 4.3 cents per gallon after September 30, 2005.
States that the previous provisions of this Act shall cease to be effective if the Secretary of the Treasury determines that the average refiner acquisition costs for crude oil are equal to or less than such costs were on December 31, 1999.
What's happening now
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S803-804)
Committees of jurisdiction
1
Cosponsors
1