Committee On Ways And Means Mark-Up of Highway Trust Fund Extension Jcx-22-91

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— 15 cents/lb.
over 40 lbs.
70-90 lbs. — $4.50, plus 30 cents/lb. over 70 lbs.
Over 90 lbs. — $10.50, plus 50 cents/lb. over 90 lbs.
Under 55,000 lbs. — no tax 55,000-75,000 lbs.— $100, plus $22/1,000 lbs. over 55,000 lbs.
Over 75,000 lbs.— $550 Revenues equivalent to 2.5 cents per gallon of the taxes on highway and motorboat fuels are retained in the General Fund; the balance of the highway and motorboat fuels tax revenues is transferred to the HTF . ■* Revenues from the tax on train diesel fu
...el are retained in the General Fund. All revenues from the non-fuels HTF taxes are transferred to the HTF.
Revenues equivalent to 1.5 cents per gallon of the taxes on highway motor fuels that are transferred to the HTF are credited to the Mass Transit Account of the HTF. The balance of the highway motor fuels tax revenues (and the revenues from the other highway excise taxes) is credited to the HTF's Highway Account.
The HTF taxes, the motorboat fuels tax, and the tax on train diesel fuel currently are scheduled to expire on September 30, 1995.


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