A bill to amend the Internal Revenue Code of 1954 and the Highway Revenue Act of 1956.
Highway Trust Fund Extension Act - Extends from October 1, 1977, to October 1, 1980, the Highway Trust Fund.
Directs the Secretary of the Treasury to consult with the Secretary of the Treasury to consult with the Secretary of Transportation (rather than the Secretary of Commerce) prior to his annual report to the Congress on the financial condition of the Highway Trust Fund.
Extends until July 1, 1981, the requirement that gasoline taxes for specified nonhighway uses be transferred from the land and Water Conservation Fund to the general fund of the Treasury.
Postpones the reduction of specified excise taxes relating to motor vehicles and gasoline from October 1, 1977, to October 1, 1980.
Introduced in Senate
Referred to Senate Committee on Finance.
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