US HB3864 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 1 2012 - 25% progression, died in chamber
Action: 2012-02-09 - Placed on the Union Calendar, Calendar No. 276.
Text: Latest bill text (Introduced) [PDF]

Summary

American Energy and Infrastructure Jobs Financing Act of 2012 - Amends the Internal Revenue Code to: (1) extend through September 30, 2016, the expenditure authority for the Highway Trust Fund; and (2) extend through September 30, 2018, current excise tax rates on motor fuels (i.e., gasoline, diesel fuel and kerosene, and special motor fuels), excise taxes on heavy highway vehicles and highway tires, and the use tax on heavy vehicles. Appropriates to the Highway Trust Fund amounts equivalent to the net increase in revenues from onshore and offshore domestic energy leasing and production resulting from the Alaskan Energy for American Jobs Act, the PIONEERS Act, and the Energy Security and Transportation Jobs Act. Terminates the authority for transfers of motor fuel tax revenues to the Mass Transit Account of the Highway Trust Fund. Renames such Account as the Alternative Transportation Account and makes a one-time appropriation to such Account.

Tracking Information

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Title

American Energy and Infrastructure Jobs Financing Act of 2012

Sponsors

Rep. Dave Camp [R-MI]

History

DateChamberAction
2012-02-09HousePlaced on the Union Calendar, Calendar No. 276.
2012-02-09HouseCommittee on Transportation discharged.
2012-02-09HouseReported by the Committee on Ways and Means. H. Rept. 112-396, Part I.
2012-02-03HouseOrdered to be Reported by the Yeas and Nays: 20 - 17.
2012-02-03HouseCommittee Consideration and Mark-up Session Held.
2012-02-02HouseReferred to the Subcommittee on Highways and Transit.
2012-02-01HouseReferred to House Transportation and Infrastructure
2012-02-01HouseReferred to House Ways and Means
2012-02-01HouseReferred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, 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.

Same As/Similar To

SB2132 (Related) 2012-02-27 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 327.
HB14 (Related) 2012-03-21 - Referred to House Foreign Affairs

Subjects


US Congress State Sources


Bill Comments

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