To improve economic productivity and create thousands of jobs by establishing an infrastructure reinvestment fund which will provide immediate, upfront funding of intermodal surface transportation programs, and for other purposes.
Infrastructure Reinvestment and Economic Revitalization Act of 1993 - Amends the Internal Revenue Code to require the Secretary of the Treasury to pay from time to time from the Highway Trust Fund into the Infrastructure Reinvestment Fund Reinvestment Fund amounts equivalent to 2.5 cents per gallon of the taxes imposed on diesel and special motor fuels and on the removal, entry, or sale of gasoline between September 30, 1994, and October 1, 2024.
Establishes the Infrastructure Reinvestment Fund. Makes the Fund off-budget.
Authorizes appropriations from such Fund for surface transportation programs.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E2849)
Referred to the House Committee on Government Operations.
Referred to the House Committee on Public Works + Transportation.
Referred to the House Committee on Rules.
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Legislation and National Security.
Referred to the Subcommittee on Surface Transportation.
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