Summary: H.R.4206 — 104th Congress (1995-1996)All Information (Except Text)

There is one summary for H.R.4206. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (09/26/1996)

Amends the Internal Revenue Code to: (1) provide that the amount of fiscal year aviation excise taxes shall match Airport and Airway Trust Fund expenditures; (2) require annual aviation tax rate determinations by a specified date; and (3) establish in such Fund an Annual Reserve Account.