92 STAT. 3174
PUBLIC LAW 95-618—NOV. 9, 1978
Public Law 95-618 95th Congress An Act —^ov- "•> iy78 [H.R. 5263] Energy Tax Act of 1978 Bicycle parts, 19*UScT2oT°"
26 USC 1 note.
ipQ provide tax incentives for the production and conservation of energy, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That (a) item 912.05 of the A p p e n d i x to the Tarijff Schedules of the United States (19 U.S.C. 1202) is amended— (^) ^y inserting ", and part s thereof" immediately after "Generator lighting sets for bicycles"; and (2) by striking out " 1 2 / 3 1 / 7 6 " and inserting in lieu thereof "6/30/80". SECTION 1. SHORT TITLE; ETC. (a) SHORT TITLE. — T h i s Act may be cited as the " Energy T a x Act
26 USC 1.
of 1978". (b) AMENDMENT OF 1954 CODE.—Except as otherwise expressly provided, whenever i n this Act a n amendment or repeal is expressed i n terms of a n amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the I n t e r n a l Revenue Code of 1954. (c) TABLE OF C O N T E N T S. —
Sec. 1. Short title; etc. TITLE I—RESIDENTIAL ENERGY CREDIT Sec. 101. Residential energy credit. TITLE II—TRANSPORTATION
c/
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PAST I—GAS GUZZLEB TAX
Sec. 201. Gas guzzler tax. PABT II—MoTOB FUELS
Sec. 221. Exemption from motor fuels excise taxes for certain alcohol fuels. Sec. 222. Denial of credit or refund for nonbusiness nonhighway use of gasoline, special motor fuels, and lubricating oil. PART III—PROVISIONS RBXATED TO BUSES
Sec. 231. Removal of excise tax on buses. Sec. 232. Removal of excise tax on bus parts. Sec. 233. Removal of excise tax on fuel, oil, and tires used in connection with intercity, local, and school buses. PART IV—INCENTIVES FOE VAN POOLING
Sec. 241. Full investment credit for certain commuter vehicles. Sec. 242. Exclusion from gross income of value of qualified transportation provided by employer. TITLE III—CHANGES IN BUSINESS INVESTMENT CREDIT TO ENCOURAGE CONSERVATION OF, OR CONVERSION FROM, OIL AND GAS OR TO ENCOURAGE NEW ENERGY TECHNOLOGY Sec. 301. Changes in business investment credit.
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