Bill > HR4760

This bill, the Fueling Alternative Transportation with a Carbon Aviation Tax Act of 2023, proposes to increase the excise tax on fuel used by private jets. Specifically, it would raise the tax rate on non-commercial aviation fuel from 4.3 cents per gallon to $1.629 per gallon (with an inflation adjustment for future years). The bill also eliminates an exemption from the air transportation excise tax for certain helicopter and fixed-wing aircraft uses. Additionally, the bill establishes a "Funding to Support Clean Communities Trust Fund" that would be financed by the increased tax revenue, with at least 50% of the funds designated for environmental justice communities disproportionately impacted by air pollution.

Agriculture and Natural Resources, Budget and Finance, Transportation and Infrastructure

https://www.congress.gov/bill/118th-congress/house-bill/4760/all-info