Highway Reauthorization Tax Act of 2005

Bill: 109-hr-996
Sponsor: Rep. Thomas, William M. [R-CA-22]
Introduced: 2005-03-01 in the House
Policy area: Taxation
Subjects: Alcohol as fuel
Automobile tires
Aviation fuels
Boats and boating
Diesel motor
Economics and Public Finance
Energy
Excise tax
Federal aid to transportation
Gasoline
Government Operations and Politics
Government paperwork
Government trust funds
Highway finance
Highway use tax
Marine safety
Mass rapid transit
Motor buses
Sports and Recreation
Tax exemption
Tax rates
Tax refunds
Transportation and Public Works
Trucks

Summary:
action_date: 2005-03-01
text: 
Amends the Internal Revenue Code to extend through FY 2011 excise tax provisions relating to: (1) certain buses; (2) special motor fuels; (3) certain alcohol fuels; (4) heavy trucks and trailers; (5) tires; (6) gasoline, diesel fuel, and kerosene; (7) heavy vehicles; (8) taxable periods for highway motor vehicles; and (9) floor stock refunds.
 
Extends through FY 2011: (1) fuel excise tax exemptions for certain tax-free sales and for the highway use tax; (2) authority for transfers of fuel excise tax revenues to the Highway Trust Fund; and (3) authority for transfers from the Highway Trust Fund to the Boat Safety Account to equal motorboat fuel taxes and small-engine fuel taxes collected during a specified period.
 
Extends through FY 2009 authority for expenditures from the Highway Trust Fund and the Mass Transit Account for certain Federal-aid highway programs. Extends through FY 2009 authority for expenditures from the the Boat Safety Account and for limitations on transfers to the Aquatic Resources Trust Fund. 
 
Eliminates certain refund provisions relating to reductions in tax rates for alcohol fuels and taxable fuels enacted by the American Jobs Creation Act of 2004. 
 
Terminates the 21.8 cents per gallon tax rate for aviation jet fuel after September 30, 2007, reducing such rate to 4.3 cents per gallon. Requires users of aviation jet fuel to register with the Internal Revenue Service to qualify for reduced tax rates.

action_date: 2005-03-08
text: 
Highway Reauthorization Tax Act of 2005 - (Sec. 2) Amends the Internal Revenue Code to extend through FY 2011 excise tax provisions relating to: (1) certain buses; (2) special motor fuels; (3) certain alcohol fuels; (4) heavy trucks and trailers; (5) tires; (6) gasoline, diesel fuel, and kerosene; (7) heavy vehicles; (8) taxable periods for highway motor vehicles; and (9) floor stock refunds.
 
Extends through FY 2011: (1) fuel excise tax exemptions for certain tax-free sales and for the highway use tax; (2) authority for transfers of fuel excise tax revenues to the Highway Trust Fund; and (3) authority for transfers from the Highway Trust Fund to the Boat Safety Account to equal motorboat fuel taxes and small-engine fuel taxes collected during a specified period.
 
Extends through FY 2009 authority for expenditures from the Highway Trust Fund and the Mass Transit Account for certain Federal-aid highway programs. Extends through FY 2009 authority for expenditures from the the Boat Safety Account and for limitations on transfers to the Aquatic Resources Trust Fund. 
 
(Sec. 3) Eliminates certain refund provisions relating to reductions in tax rates for alcohol fuels and taxable fuels enacted by the American Jobs Creation Act of 2004. 
 
Terminates the 21.8 cents per gallon tax rate for aviation jet fuel after September 30, 2007, reducing such rate to 4.3 cents per gallon. Requires users of aviation jet fuel to register with the Internal Revenue Service to qualify for reduced tax rates.


Legislative actions:
action_date: 2005-03-08
text: Placed on the Union Calendar, Calendar No. 6.
action_date: 2005-03-08
text: Reported (Amended) by the Committee on Ways and Means. H. Rept. 109-13.
action_date: 2005-03-08
text: Reported (Amended) by the Committee on Ways and Means. H. Rept. 109-13.
action_date: 2005-03-03
text: Ordered to be Reported (Amended) by Voice Vote.
action_date: 2005-03-03
text: Committee Consideration and Mark-up Session Held.
action_date: 2005-03-01
text: Referred to the House Committee on Ways and Means.
action_date: 2005-03-01
text: Introduced in House
action_date: 2005-03-01
text: Introduced in House