President signs legislation, highway-related taxes | KPMG | GLOBAL

President signs legislation, highway-related taxes extended

President signs legislation, highway-related taxes

President Obama on December 4, 2015, signed into law the conference agreement for H.R. 22, the “Fixing America’s Surface Transportation (FAST) Act”—a bill extending authorization for spending from the highway trust fund and other related funds through September 30, 2020.


Related content

The legislation includes tax provisions and measures that extend:

  • A variety of highway-related taxes such as the taxes imposed upon gasoline, diesel fuel and kerosene, and certain tires—through September 30, 2022
  • The heavy vehicle use tax—through September 30, 2023

© 2017 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Request for proposal