American Energy and Infrastructure Jobs Financing Act of 2012
Placed on the Union Calendar, Calendar No. 276.
Congressional Research Service
Official summary
Version 28 · Reported to House without amendment, Part I · Feb 9, 2012
(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.
Reported by the Committee on Ways and Means. H. Rept. 112-396, Part I.
Reported by the Committee on Ways and Means. H. Rept. 112-396, Part I.
Ordered to be Reported by the Yeas and Nays: 20 - 17.
Committee Consideration and Mark-up Session Held.
Referred to the Subcommittee on Highways and Transit.
Referred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Introduced in House
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Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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