Pub. L. 118-41, tit. II, sec. 202 (as amended)

EXTENSION OF TAXES FUNDING AIRPORT AND AIRWAY TRUST FUND.

Year: 2024Length: 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 “March 8, 2024” and inserting “May 10, 2024”. (b) Ticket Taxes.— (1) Persons.—Section 4261(k)(1)(A)(ii) of the Internal Revenue Code of 1986 is amended by striking “March 8, 2024” and inserting “May 10, 2024”. (2) Property.—Section 4271(d)(1)(A)(ii) of the Internal Revenue Code of 1986 is amended by striking “March 8, 2024” and inserting “May 10, 2024”. (c) Fractional Ownership Programs.— (1) [26 U.S.C. 4043] Fuel tax.—Section 4043(d) of the Internal Revenue Code of 1986 is amended by striking “March 8, 2024” and inserting “May 10, 2024”. (2) Treatment as noncommercial aviation.—Section 4083(b) of the Internal Revenue Code of 1986 is amended by striking “March 9, 2024” and inserting “May 11, 2024”. (3) Exemption from ticket tax.—Section 4261(j) of the Internal Revenue Code of 1986 is amended by striking “March 8, 2024” and inserting “May 10, 2024”.

Cross-references to the US Code: 26 U.S.C. 4043