Bridge to Sustainable Infrastructure Act

Summary

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 16 April 2015

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 16 April 2015

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 16 April 2015

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.