Update, Promote, and Develop America's Transportation Essentials Act of 2015
Referred to the House Committee on Ways and Means.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Feb 3, 2015
Update, Promote, and Develop America's Transportation Essentials Act of 2015
Expresses the sense of Congress that by 2024 the gas tax should be repealed and replaced with a more sustainable, stable funding source.
Amends the Internal Revenue Code, with respect to the excise tax on motor fuels, to increase the rate of tax on: (1) gasoline other than aviation gasoline to 26.3 cents per gallon in 2016, 30.3 cents per gallon in 2017, and 33.3 cents per gallon after 2017 and before 2028; (2) diesel fuel or kerosene to 32.3 cents per gallon in 2016, 36.3 cents per gallon in 2017, and 39.3 cents per gallon after 2017 and before 2027; and (3) diesel-water fuel emulsion. Delays the termination of such increased rates from the end of FY2016 to December 31, 2026. Requires an adjustment for inflation to such increased rates beginning after 2017.
Increases allocations in the Mass Transit Account of the Highway Trust Fund in 2016 and 2017 and after 2017.
Imposes a floor stocks tax on rate increases for gasoline, diesel fuel, and kerosene (other than aviation-grade kerosene), subject to specified exemptions for exempt uses and low-volume producers.
Source last updated: Aug 12, 2025. Consult Congress.gov for the current record.
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