H.R. 3469 — Infrastructure Reinvestment and Economic Revitalization Act of 1996 | PoliFocus

H.R. 3469104th Congress

Infrastructure Reinvestment and Economic Revitalization Act of 1996

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.

Subjects

Transportation and Public Works

Summary

Infrastructure Reinvestment and Economic Revitalization Act of 1996 - 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 amounts equivalent to 4.3 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, 1996, and October 1, 2026.

Establishes the Infrastructure Reinvestment Fund. Makes the Fund off-budget.

Authorizes appropriations from such Fund for surface transportation programs.

Full Text

Legislative Actions

1996-05-16
Introduced in House
1996-05-16
Introduced in House
1996-05-16
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on the Budget, and Ways and Means, 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.
1996-05-16
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on the Budget, and Ways and Means, 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.
1996-05-16
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on the Budget, and Ways and Means, 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.
1996-05-16
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on the Budget, and Ways and Means, 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.
1996-05-30
Referred to the Subcommittee on Surface Transportation.

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