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H.R. 1846 · 114th Congress

Bridge to Sustainable Infrastructure Act

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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

JRR RenacciSponsor
33 cosponsors · 25 D, 8 R

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.

What it does: CRS summary · Introduced in House · Apr 16, 2015

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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Bridge to Sustainable Infrastructure Act

Latest action (Apr 17, 2015): Referred to the Subcommittee on Highways and Transit.

Policy area: Taxation · Origin: House · Introduced: Apr 16, 2015

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.