Page:United States Statutes at Large Volume 100 Part 2.djvu/675

 PUBLIC LAW 99-499—OCT. 17, 1986

100 STAT. 1777

r

oil, liquefied petroleum gas, or fuel oil, or any product taxable under section 4081)— 26 USC 4081. "(A) sold by any person to an owner, lessee, or other operator of a motor vehicle, motorboat, or train for use as a fuel in such motor vehicle, motorboat, or train, or "(B) used by any person as a fuel in a motor vehicle, r '• I motorboat, or train unless there was a taxable sale of such liquid under subparagraph (A). "(2) LIQUIDS USED IN AVIATION.—In addition to the taxes imposed by subsection (c) and section 4081, there is hereby imposed a tax of 0.1 cents a gallon on any liquid— '•^^ "(A) sold by any person to an owner, lessee, or other operator of an aircraft for use as a fuel in such aircraft, or '^' ' "(B) used by any person as a fuel in an aircraft unless ' ^' ^ there was a taxable sale of such liquid under subparagraph (A). The tax imposed by this paragraph shall not apply to any product tsixable under section 4081 which is used as a fuel in an aircraft other than in noncommercial aviation. j^ "(3) TERMINATION.—The taxes imposed by this subsection shall not apply during any period during which the Leaking section 4081 does not apply." •
 * Underground Storage Tank Trust Fund financing rate under

(3) FUEL USED IN COMMERCIAL TRANSPORTATION ON INLAND

WATERWAYS.—Subsection (b) of section 4042 of such C!ode (relating to amount of tax on fuel used in commercial transportation on inland waterways) is amended to read as follows: "(b) AMOUNT OF TAX.—

\)

f ,

r

"(1) IN GENERAL.—The rate of the tax imposed by subsection (a) is the sum of— "(A) the Inland Waterways Trust Fund financing rate, and "(B) the Leaking Underground Storage Tank Trust Fund financing rate. "(2) RATES.—For purposes of paragraph (1)— "(A) the Inland Waterways Trust Fund financing rate is 10 cents a gallon, and "(B) the Leaking Underground Storage Tank Trust Fund financing rate is 0.1 cents a gallon. "(3) EXCEPTION FOR FUEL TAXED UNDER SECTION 4041(d).—The Leaking Underground Storage Tank Trust Fund financing rate under paragraph (2)(B) shall not apply to the use of any fuel if tax under section 4041(d) was imposed on the sale of such fuel or is imposed on such use.

Ante, p. 1776.

"(4) TERMINATION OF LEAKING UNDERGROUND STORAGE TANK TRUST FUND FINANCING RATE.—The Leaking Underground Stor-

age Tank Trust Fund financing rate under paragraph (2)(B) shall not apply during any period during which the Leaking Underground Storage Tank Trust Fund financing rate under section 4081 does not apply."

(b) ADDITIONAL TAXES NOT TRANSFERRED TO HIGHWAY TRUST FUND, AIRPORT AND AIRWAY TRUST FUND, AND INLAND WATERWAYS TRUST FUND.— (1) HIGHWAY TRUST FUND.—

(A) IN GENERAL.—Subsection (b) of section 9503 of such Code (relating to transfer to Highway Trust Fund of

fe

'

�