Motor Fuels Conservation Tax Act of 1979
Latest action. Referred to House Committee on Ways and Means.
Motor Fuels Conservation Tax Act of 1979 - Title I: Motor Fuels Conservation Taxes - Amends the Internal Revenue Code to impose on the sales of gasoline (by the producer or importer), diesel fuel, and special motor fuels a surtax of $.50 in addition to the regular $.04 tax. Requires the deposit of such surtax proceeds in specified social security trust funds. Imposes a floor stocks tax on gasoline held for sale by a dealer on January 1, 1980, equal to the difference between the tax imposed on the sale of such gasoline by its producer or importer and the tax plus surtax such producer or importer would have had to pay under this Act. Amends the Airport and Airway Revenue Act of 1970 and the Highway Revenue Act of 1956 to assure that the 50-cent gasoline conservation tax proceeds generated by this Act will not be transferred to either the Airport and Airway Trust Fund, or the Highway Trust Fund. Title II: Revision of Social Security and Self-Employment Tax Rates - Amends the Internal Revenue Code to reduce the rates paid by employees, employers, and self-employed individuals for old-age, survivors, and disability insurance taxes and hospital insurance taxes. Title III: Business Income Tax Credit for Motor Fuels Expenses - Amends the Internal Revenue Code to allow to a person engaged in a trade or business an income tax credit for an amount equal to ten percent of the taxpayer's qualified motor fuel expenses paid or incurred during the taxable year. Defines a qualified motor fuel as a fuel subject to the taxes imposed by Title I of this Act. Title IV: Income Tax Credit for Individuals Who Do Not Benefit From Rate Reduction of Social Security Taxes - Amends the Internal Revenue Code to allow to an individual an income tax credit in an amount equal to the social security rate reduction equalization amount of the taxpayer for the taxable year. Sets forth a formula for the determination of such equalization amount, which shall be equal to the excess of: (1) the maximum benefit the taxpayer would have received if all his earned income for the taxable year were subject to social security taxes; over (2) the benefit received by the taxpayer for the taxable year by reason of the reduction in social security taxes made by Title II of this Act.
Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Introduced in House" stage on December 10, 1979. It describes the bill, it is not the legal text.
Where is it in the process, and what happens next?
4 steps remain before this bill could become law.
The record's latest action, on December 10, 1979: Referred to House Committee on Ways and Means.
- Clearing the committees it was referred to, and being scheduled for a floor vote
- Passage by the House
- Passage by the Senate
- The President's signature. If the President vetoes it, two-thirds of both chambers must vote to override.
How likely is it to become law?
Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.
In the 96th Congress (1979-80), 613 of the 12,581 bills and joint resolutions introduced became law, about 4.9 percent. That count covers every measure at every stage, including the many that never left committee.
This one is not there yet: 4 steps are still outstanding, listed above.
Has anyone actually voted on it?
No. No roll call in this Congress cites this measure. That is the ordinary outcome: most measures never reach a recorded floor vote, and a committee ends most of them simply by not acting.
A vote is not the only thing that happens to a measure. Hearings, markups, and referrals are all recorded actions, and none of them is a vote of the full chamber.
Who is behind it?
JOHN ANDERSON (R-IL) introduced it on December 10, 1979, and 1 member has since signed on as a cosponsor.
They are 1 Democrat.
Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.
How long has it been in play?
It was introduced on December 10, 1979, 17076 days ago. The most recent recorded action was 17076 days ago, on December 10, 1979.
Measures do not carry over. Anything the 96th Congress has not finished by January 3, 1981 dies when the term ends, and has to be introduced again from the start in the next Congress.
Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.
Vote history
- HouseIn committee, no floor vote yet
- SenateAwaits House passage
- PresidentAwaits both chambers