To amend the Internal Revenue Code of 1986 to provide that all highway fuel tax revenues shall be deposited into the Highway Trust Fund and that for a temporary period the increased deposits will be used for the transportation needs of areas affected by disasters, and for other purposes.
Transportation Emergency Relief Act of 1994 - Amends the Internal Revenue Code to increase the Highway Trust Fund financing rate. Transfers such increased amounts to an emergency fund to meet the transportation needs of disaster areas.
Increases authorized expenditures for a single disaster.
Introduced in House
Introduced in House
Referred to the House Committee on Public Works + Transportation.
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Surface Transportation.
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