HR 7430 · 95th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 with respect to certain excise tax refunds paid to local transit systems.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1977-05-25)
Plain Language Summary
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Amends the Internal REevenue Code to increase the amount of the excise tax refunds on gasoline and other motor fuels to local transit systems, and to revise the definition of tax-exempt commuter revenue. Extends the refund of the excise tax for lubricating oil to local transit systems.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (12)
8 Democrats4 Republicans