H.R. 3864 (112th): American Energy and Infrastructure Jobs Financing Act of 2012

Introduced:
Feb 01, 2012 (112th Congress, 2011–2013)
Sponsor:
Rep. Dave Camp [R-MI4]
Status:
Died (Reported by Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on February 3, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Feb 01, 2012
Referred to Committee Feb 01, 2012
Reported by Committee Feb 01, 2012
Referred to Committee Feb 03, 2012
Reported by Committee Feb 03, 2012
Cosponsors
none
Committees

House Transportation and Infrastructure

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

Full Title

To amend the Internal Revenue Code of 1986 to extend authorities relating to the Highway Trust Fund, to provide revenues for highway programs, and for other purposes.

Summary

No summaries available.

Text

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Last updated Feb 09, 2012.
10 pages

Primary Source

View on THOMAS (The Library of Congress)

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Citation

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

2/9/2012--Reported to House without amendment, Part I. (This measure has not been amended since it was introduced.
The summary of that version is repeated here.) 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.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.

No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

The United States Code is the compilation of permanent laws enacted by Congress. Temporary and other non-permanent laws do not appear in the United States Code. (About half of the United States Code is the law itself, called positive law. The other half is merely a compilation of the laws but has no legal significance.)