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Latest Update: Tuesday, December, 02nd 2008
To amend the Internal Revenue Code of 1986 to extend financing for the Airport and Airway Trust Fund, and for other purposes.
9/19/2007--Reported to House amended, Part I. (There is 1 other summary) Airport and Airway Trust Fund Financing Act of 2007 - Amends the Internal Revenue Code to (1) impose an excise tax on aviation-grade kerosene of 35.9 cents per gallon (4.3 cents per gallon for commercial aviation uses); (2) increase to 24.1 cents per gallon the tax rate for aviation gasoline; and (3) extend through FY2011 the excise tax on the transportation by air of persons and property and the excise tax on aviation gasoline and aviation-grade kerosene. Extends through FY2011 the expenditure authority for the Airport and Airway Trust Fund. Dedicates revenues from the taxes imposed on aviation gasoline and aviation-grade kerosene to carry out air traffic control modernization.
Latest Actions
- 03/11/2008 - For Further Action See H.R.2881.
- 03/10/2008 - On September 20, 2007, On September 29, 2007, House agreement to H.Res. 664added text similar to H.R. 3539 to H.R. 2881, the FAA Reauthorization Act of 2007.
- 03/10/2008 - On September 20, 2007, House agreement to H.Res. 664 added text similar to H.R. 3539 to H.R. 2881, The FAA Reauthorization Act of 2007.
- 03/10/2008 - On September 29, 2007, House Agreement to H.Res. 664 added text similar H.R. 3539 to H.R. 2881, The FAA Reauthourization Act of 2007..
- 09/20/2007 - On September 20, 2007, House agreement to H.Res. 664 added text similar to H.R. 3539 to H.R. 2881, the FAA Reauthorization Act of 2007.
show all actions- 03/11/2008 - For Further Action See H.R.2881.
- 03/10/2008 - On September 20, 2007, On September 29, 2007, House agreement to H.Res. 664added text similar to H.R. 3539 to H.R. 2881, the FAA Reauthorization Act of 2007.
- 03/10/2008 - On September 20, 2007, House agreement to H.Res. 664 added text similar to H.R. 3539 to H.R. 2881, The FAA Reauthorization Act of 2007.
- 03/10/2008 - On September 29, 2007, House Agreement to H.Res. 664 added text similar H.R. 3539 to H.R. 2881, The FAA Reauthourization Act of 2007..
- 09/20/2007 - On September 20, 2007, House agreement to H.Res. 664 added text similar to H.R. 3539 to H.R. 2881, the FAA Reauthorization Act of 2007.
- 09/20/2007 - For Further Action See H.R.2881.
- 09/19/2007 - Reported (Amended) by the Committee on Ways and Means. H. Rept. 110-334, Part I.
- 09/19/2007 - Committee on Transportation discharged.
- 09/19/2007 - Placed on the Union Calendar, Calendar No. 207.
- 09/18/2007 - Referred to the Subcommittee on Aviation.
- 09/18/2007 - Committee Consideration and Mark-up Session Held.
- 09/18/2007 - Ordered to be Reported (Amended) by Voice Vote.
- 09/17/2007 - Referred 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.
- 09/17/2007 - Referred to House Ways and Means
- 09/17/2007 - Referred to House Transportation and Infrastructure
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