Pub. L. 118-34, tit. II, sec. 202 (as amended)

EXTENSION OF TAXES FUNDING AIRPORT AND AIRWAY TRUST FUND.

Year: 2023Length: 161 wordsOfficial source

SEC. 202. EXTENSION OF TAXES FUNDING AIRPORT AND AIRWAY TRUST FUND. (a) Fuel Taxes.—Section 4081(d)(2)(B) of the Internal Revenue Code of 1986 is amended by striking “December 31, 2023” and inserting “March 8, 2024”. (b) Ticket Taxes.— (1) Persons.—Section 4261(k)(1)(A)(ii) of the Internal Revenue Code of 1986 is amended by striking “December 31, 2023” and inserting “March 8, 2024”. (2) Property.—Section 4271(d)(1)(A)(ii) of the Internal Revenue Code of 1986 is amended by striking “December 31, 2023” and inserting “March 8, 2024”. (c) Fractional Ownership Programs.— (1) Fuel tax.—Section 4043(d) of the Internal Revenue Code of 1986 is amended by striking “December 31, 2023” and inserting “March 8, 2024”. (2) [26 U.S.C. 4083] Treatment as noncommercial aviation.—Section 4083(b) of the Internal Revenue Code of 1986 is amended by striking “January 1, 2024” and inserting “March 9, 2024”. (3) Exemption from ticket tax.—Section 4261(j) of the Internal Revenue Code of 1986 is amended by striking “December 31, 2023” and inserting “March 8, 2024”.

Cross-references to the US Code: 26 U.S.C. 4083