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United States · Bill · HR

H.R. 4848 (113th)

Repeal and Rebuild Act of 2014

referredUnited States· United States Congress· EN

Introduced

11 June 2014

Last action

11 June 2014 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. DeFazio, Peter A. [D-OR-4]

Subjects

Taxation

Source updated

12 August 2025

Taxation

Summary

Repeal and Rebuild Act of 2014 - Amends the Internal Revenue Code to: (1) repeal the excise tax on gasoline and tires after 2014, (2) impose an additional $6.75 per barrel tax on crude oil and petroleum products, and (3) provide for double indexation (i.e., the sum of the highway construction cost adjustment and the CAFE fuel saved adjustment) of the diesel fuel tax rate. Transfers revenues from the increased petroleum tax to the Highway Trust Fund. Directs the Secretary of the Treasury to issue transportation bonds with a term of 10 years and transfer bond proceeds to the Highway Trust Fund.

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

Timeline

  1. 11 June 2014

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 11 June 2014

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 11 June 2014

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 11 June 2014

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 11 June 2014

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 11 June 2014

    Open at official source

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Sponsors

Related records

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Sources

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