Report to Congress on the Gasoline Excise Tax Revenues Attributable to Fuel Used in Recreational Motorboats

摘要

The Recreational Boating Safety and Facilities Improvement Act of 1980 established a Recreational Boating Safety and Facilities Improvement Fund into which the Secretary of the Treasury was directed to pay excise tax revenues attributable to fuels used in recreational motor boats. The Act also required the Secretary of the Treasury to carry out a study to determine the amount of such payment. The study concluded that in 1985 1.08 percent of gasoline excise tax revenues could be attributed to his source. The study also developed a methodology which can provide estimates of motorboat fuel consumption that can be updated annually when new Coast Guard data become available. Using the methodology would ensure that gasoline excise tax revenues attributable to motorboats capture the relative growth in motorboat use. It could also incorporate new State studies on the use of fuel by size of motorboat.