Page:United States Statutes at Large Volume 118.djvu/1194

 118 STAT. 1164 PUBLIC LAW 108–310—SEPT. 30, 2004 (2) BOAT SAFETY ACCOUNT.—Subsection (c) of section 9504 of such Code is amended— (A) by striking ‘‘October 1, 2004’’ and inserting ‘‘June 1, 2005’’; and (B) by striking ‘‘Surface Transportation Extension Act of 2004, Part IV’’ and inserting ‘‘Surface Transportation Extension Act of 2004, Part V’’. (3) EXCEPTION TO LIMITATION ON TRANSFERS.—Paragraph (2) of section 9504(d) of such Code is amended by striking ‘‘October 1, 2004’’ and inserting ‘‘June 1, 2005’’. (c) ALL ALCOHOL FUEL TAXES TRANSFERRED TO HIGHWAY TRUST FUND FOR FISCAL YEAR 2004.—Subparagraphs (E) and (F) of section 9503(b)(4) (relating to certain taxes not transferred to Highway Trust Fund) are each amended by inserting ‘‘before October 1, 2003, and for the period beginning after September 30, 2004, and’’ before ‘‘before October 1, 2005’’. (d) EFFECTIVE DATE.— (1) IN GENERAL.—Except as provided in paragraph (2), the amendments made by this section shall take effect on the date of the enactment of this Act. (2) TRANSFERS TO HIGHWAY TRUST FUND.—The amendments made by subsection (c) shall apply to taxes imposed after Sep tember 30, 2003. (e) TEMPORARY RULE REGARDING ADJUSTMENTS.—During the period beginning on the date of the enactment of the Surface Transportation Extension Act of 2003 and ending on May 31, 2005, for purposes of making any estimate under section 9503(d) of the Internal Revenue Code of 1986 of receipts of the Highway Trust Fund, the Secretary of the Treasury shall treat— (1) each expiring provision of paragraphs (1) through (4) of section 9503(b) of such Code which is related to appropria tions or transfers to such Fund to have been extended through the end of the 24 month period referred to in section 9503(d)(1)(B) of such Code; and (2) with respect to each tax imposed under the sections referred to in section 9503(b)(1) of such Code, the rate of such tax during the 24 month period referred to in section 9503(d)(1)(B) of such Code to be the same as the rate of such tax as in effect on the date of the enactment of the Surface Transportation Extension Act of 2003. (f) APPORTIONMENT OF HIGHWAY TRUST FUNDS FOR FISCAL YEAR 2004.—Section 9503(d)(3) of the Internal Revenue Code of 1986 shall not apply to any apportionment to the States of the amounts 26 USC 9503 note. 26 USC 9503. 26 USC 9504.

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