,i #aafth ,,congress #ast ,session ,h4 ,r4 #cbhf ,,in ,,the ,,house ,,of ,,representatives ,june #ac1 #bjai,mr4 ,rice of ,south ,carolina introduced the following bill2 which was referred to the ,committee on ,ways and ,means ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to phaseout the ,mass ,transit ,account4 #a4 ,short title ,this ,act may be cited as the ,highway ,restoration ,act of #bjai4 #b4 ,phaseout of ,mass ,transit ,account 7a7 ,in general ,section #iejc7;e7 of the ,internal ,revenue ,code of #aihf is amended by adding at the end the following3 7#f7 ,phaseout ,in the case of fiscal years beginning after ,september #cj1 #bjai1 each rate determined under paragraph 7#b7 shall be the applicable percentage of such rate4 ,for purposes of the preceding sentence1 the applicable percentage shall be determined under the following table3 ,in the case of fiscal year3,the applicable percentage is3 #bjbjhj percent #bjbafj percent #bjbbdj percent #bjbcbj percent #bjbd and each fiscal year thereafter#j percent4 4 7b7 ,conforming amendment ,section #iejc7;e77#e77;,a7 of the ,internal ,revenue ,code of #aihf is amended is amended by striking paragraph 7#b7 and inserting paragraphs 7#b7 and 7#f74 7c7 ,effective date ,the amendments made by this section shall apply to fiscal years beginning after ,september #cj1 #bjai4