Committee On Ways And Means Markup of Highway Trust Fund Extension Jcx-1-87

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over 55,000 Over 75,000 lbs. --$550 H.R. 3129 (99th Congress) H.R. 3129 ("Surface Transportation and Uniform Relocation Assistance Act of 1986," 99th Congress) as passed by the House would have provided a five-year extension of the current highway excise taxes (through September 30, 1993) and a five-year reauthorization for Highway Trust Fund expenditure programs (for fiscal years 1987-1991). The Senate amendment to H.R. 3129 would have provided a four-year extension of the taxes and trust fund... authorizations.
The Conference Committee on H.R. 3129 tentatively agreed to a five-year extension of trust fund authorizations, but it did not resolve all the issues in conference before the 99th Congress adjourned. The conferees on the revenue title of that bill did not meet due to the unresolved non-tax issues.
Possible Option (1) Extend present law Highway Trust Fund excise taxes, and authority to spend from the Trust Fund, for five years (through September 30, 1993), as in H.R. 3129.
(2) Update HTF statute to reflect 1987 authorizations, including highway beautif ication and university transportation research centers, as trust fund expenditure purposes (as in H.R.


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