Highway Trust Fund and Federal and Highway Financing Program: Hearings, Eighty-sixth Congress, First Session, on Financing the Federal Aid Highway Program. July 22-24, 1959Considers H.R. 7939 and related bills, to raise revenue for Highway Trust Fund to finance Federal interstate highway program. Includes proposals to increase Federal taxes on gasoline, and to transfer Federal automotive excise tax revenues into the Highway Trust Fund. |
From inside the book
Results 1-5 of 100
Page 5
... completing the Interstate System . In 1961 , therefore , the Congress , with the benefit of these two basic re- ports , will have the opportunity to consider what taxes should be imposed and the equitable distribution of taxes for ...
... completing the Interstate System . In 1961 , therefore , the Congress , with the benefit of these two basic re- ports , will have the opportunity to consider what taxes should be imposed and the equitable distribution of taxes for ...
Page 6
... completing the system on a 90 - percent Federal , 10 - percent State sharing basis . However , an extremely important section of the Highway Revenue Act of 1956 stipulated that apportionments to the States of interstate authorizations ...
... completing the system on a 90 - percent Federal , 10 - percent State sharing basis . However , an extremely important section of the Highway Revenue Act of 1956 stipulated that apportionments to the States of interstate authorizations ...
Page 8
... completing the Inter- state System . The same immediate problem would have prevailed as a result of the 1958 act if the cost estimate proposed in 1955 had been used . It would merely have meant under those circumstances that the ...
... completing the Inter- state System . The same immediate problem would have prevailed as a result of the 1958 act if the cost estimate proposed in 1955 had been used . It would merely have meant under those circumstances that the ...
Page 9
... completion of the entire system and termination of the trust fund . In order to do this we have projected the ABC program at an average of $ 925 mil- lion annually through the remaining expected life of the Interstate construction ...
... completion of the entire system and termination of the trust fund . In order to do this we have projected the ABC program at an average of $ 925 mil- lion annually through the remaining expected life of the Interstate construction ...
Page 25
... completion when taken into the system . They total 8,909 miles , but only 383 miles were fully completed with- out benefit of 1956 act funds . The status of these is shown in table 1 of the report on reimbursement submitted by the ...
... completion when taken into the system . They total 8,909 miles , but only 383 miles were fully completed with- out benefit of 1956 act funds . The status of these is shown in table 1 of the report on reimbursement submitted by the ...
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Common terms and phrases
additional allocation amount apportionment areas asphalt Association automobile automotive taxes BARTELSMEYER benefits bill BRAZELL budget Bureau of Public Byrd amendment BYRNES cents per gallon CHAIRMAN cities Commerce completed Congress contracts cost CURTIS Defense Highways deficit dollars economy estimate excise taxes expenditures Federal aid Federal gasoline tax Federal Government Federal Highway Administrator Federal highway program Federal tax Federal-Aid Highway fiscal fuel tax gram HARRISON Highway Act highway construction highway departments highway system highway trust fund highway user taxes highway users industry Interstate and Defense Interstate Highway Interstate Highway System interstate program Interstate System jobber July 21 KANS legislation liquefied petroleum gas ment miles motor fuel tax motorists needs opposed percent period Petroleum present problem proposed Public Roads right-of-way schedule Sheraton-Park Hotel STANS tax on gasoline tax on motor temporary Thank tion traffic Treasury trucks vehicles W. L. OSWALD Washington WILBUR D
Popular passages
Page 211 - Since it is unfair and unjust to tax motor- vehicle transportation unless the proceeds of such taxation are applied to the construction, improvement, or maintenance of highways...
Page 402 - Now, therefore, be it Resolved ~by the Senate of Virginia, the House of Delegates concurring, That the general assembly...
Page 385 - I hereby certify that this is a true and correct copy of the resolution passed at the Thirty-sixth Division Association Convention held at Brownwood, Tex., January 19, 20, and 21, 1946.
Page 396 - Purpose of this section is to make available to the Congress information on the basis of which it may determine what taxes should be imposed by the United States, and in what amounts, in order to assure, insofar as practicable, an equitable distribution of the tax burden among the various classes of persons using the Federal-aid highways or otherwise deriving benefits from such highways.
Page 405 - I hereby certify the foregoing to be a true and correct copy of resolution adopted by the Council of the City of Los Angeles at its meeting held Julv 22, 1959.
Page 178 - Fund (exclusive of repayments of such advances) ; or "(2) that the distribution of the tax burden among the various classes of persons using the Federal-aid highways, or otherwise deriving benefits from such highways, is not equitable, the Congress shall enact legislation in order to bring about a balance of total receipts and total expenditures, or such equitable distribution, as the case may be.
Page 416 - If gasoline is used on a farm for farming purposes, the Secretary or his delegate shall pay (without interest) to the ultimate purchaser of such gasoline the amount determined by multiplying — (1) The number of gallons so used, by (2) The rate of tax on gasoline under section 4081 which applied on the date he purchased such gasoline.
Page 162 - Mr. Chairman and members of the committee. I am here today to discuss with you the important question of providing adequate financing for the Federal-aid highway program.
Page 372 - Mr. LARSON. Mr. Chairman and members of the committee, my name is Charles R. Larson. I am president of the National Rural Letter Carriers' Association, whose address is 1040 Warner Building, Washington, DC The CHAIRMAN.
Page 338 - TRUST FUND.— There are hereby authorized to be appropriated to the Trust Fund, as repayable advances, such additional sums as may be required to make the expenditures referred to in subsection (f). (e) MANAGEMENT OF TRUST FUND.— (1...