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United States · Bill · S

S. 1272 (97th)

Airport and Airway Revenue Amendments of 1981

openUnited States· United States Congress· EN

Introduced

21 May 1981

Last action

15 June 1981 · Committee

Status

Committee on Finance requested executive comment from OMB; Treasury Department; Transportation Department.

Sponsors

Sen. Cannon, Howard W. [D-NV], Sen. Kassebaum, Nancy Landon [R-KS], Sen. Goldwater, Barry [R-AZ], Sen. Riegle, Donald W., Jr. [D-MI], Sen. Baucus, Max [D-MT], Sen. Inouye, Daniel K. [D-HI], Sen. Chiles, Lawton [D-FL], Sen. Murkowski, Frank H. [R-AK], Sen. Durenberger, Dave [R-MN], Sen. Heinz, John [R-PA], Sen. Melcher, John [D-MT], Sen. Burdick, Quentin N. [D-ND]

Subjects

Taxation

Source updated

29 August 2025

Taxation

Official sourceView documentsShare

Summary

Airport and Airway Revenue Amendments of 1981 - Amends the Internal Revenue Code to revise the rate of tax imposed on fuel used in noncommercial aviation. Extends such tax to October 1, 1985. Reduces the airline ticket tax for individual travel from eight to three percent and the tax on the transportation of property from five to two percent. Extends the latter tax to September 30, 1985. Reinstates, and increases the rate of, the tax on the use of international travel facilities. Extends, to October 1, 1985, the tax on the taxable use of civil aircraft in commercial aviation. Amends the Airport and Airway Revenue Act of 1970 to continue the transfers of such taxes to the Airport and Airway Trust Fund until October 1, 1985. Extends, to such date, the availability of Trust Fund assets for specified expenditures.

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Timeline

  1. 21 May 1981

    Introduced

    Read second time and referred to Senate Committee on Finance.

    Source: IntroReferral

  2. 21 May 1981

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 15 June 1981

    Committee

    Committee on Finance requested executive comment from OMB; Treasury Department; Transportation Department.

    Source: Committee

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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