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HR 1846 114th Congress House Taxation Advisory bodies Appropriations Congressional operations and organization Government trust funds Inflation and prices Legislative rules and procedure Motor fuels Oil and gas Public transit Roads and highways Sales and excise taxes Transportation programs funding

Bridge to Sustainable Infrastructure Act

Introduced: April 16, 2015 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 17, 2015
Referred to the Subcommittee on Highways and Transit.
Apr 16, 2015
Referred to the Committee on Ways and Means, and in addition to the Committees on Transportation and Infrastructure, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Apr 16, 2015
Introduced in House
 Plain-English summary Congressional Research Service

Bridge to Sustainable Infrastructure Act

This bill amends the Internal Revenue Code to require an inflation adjustment in calendar years after 2015 to the rates of the excise taxes on petroleum and petroleum products, diesel fuel, alcohol-based fuel, and fuels used in certain buses.

Appropriations are advanced to the Highway Account and the Mass Transit Account in the Highway Trust Fund (HTF) in anticipation of a shortfall in funding in 2015. Such advances must be repaid from the HTF to the general fund of the Treasury.

There is established in the legislative branch the Bipartisan Task Force for Sustainable Highway Funding. The Task Force shall identify and make recommendations addressing factors that affect the long-term fiscal imbalance of the HTF.

The rates of excise taxes on petroleum and diesel fuels are increased to cover an identified three- and five-year shortfall in funding of the HTF in 2017 and each subsequent calendar year through 2024.

What's happening now April 17, 2015

Referred to the Subcommittee on Highways and Transit.

 Committees of jurisdiction 4