Ill STAT. 4 PUBLIC LAW 105-2—FEB. 28, 1997 Public Law 105-2 105th Congress An Act Feb. 28, 1997 [H.R. 668] Airport and Airway Trust Fund Tax Reinstatement Act of 1997. 26 USC 1 note. 26use1etseq. To amend the Internal Revenue Code of 1986 to reinstate the Airport and Airway Trust Fund excise taxes, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE; AMENDMENT OF 1986 CODE. (a) SHORT TITLE. —This Act may be cited as the "Airport and Airway Trust Fund Tax Reinstatement Act of 1997". (b) AMENDMENT OF 1986 CODE. —Except as otherwise expressly provided, whenever in this Act an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Internal Revenue Code of 1986. SEC. 2. REINSTATEMENT OF AIRPORT AND AIRWAY TRUST FUND EXCISE TAXES. (a) FUEL TAXES.— (1) AVIATION FUEL. — Subparagraph (A) of section 4091(b)(3) is amended to read as follows: "(A) The rate of tax specified in paragraph (1) shall be 4.3 cents per gallon— "(i) after December 31, 1996, and before the date which is 7 days after the date of the enactment of the Airport and Airway Trust Fund Tax Reinstatement Act of 1997, and "(ii) after September 30, 1997.". (2) AVIATION GASOLINE.— Subsection (d) of section 4081 is amended by striking the paragraph (3) added by section 1609(a) of the Small Business Job Protection Act of 1996 and by striking paragraphs (1) and (2) and inserting the following new paragraphs: "(1) IN GENERAL. —The rates of tax specified in clauses (i) and (iii) of subsection (a)(2)(A) shall be 4.3 cents per gallon after September 30, 1999. "(2) AVIATION GASOLINE.—The rate of tax specified in subsection (a)(2)(A)(ii) shall be 4.3 cents per gallon— "(A) after December 31, 1996, and before the date which is 7 days after the date of the enactment of the Airport and Airway Trust Fund Tax Reinstatement Act of 1997, and "(B) after September 30, 1997.". (3) NONCOMMERCIAL AVIATION. —Paragraph (3) of section 4041(c) is amended to read as follows:
�
