H.R. 1270

Statement on H.R. 1270, On Thursday, March 31, 2005, the President signed into law;

H.R. 1270, which extends through September 30, 2005, the Leaking Underground Storage Tank Trust Fund financing mechanism.

# # # For Immediate Release Office of the Press Secretary March 31, 2005

Bill Summary & Status for the 109th Congress H.R. 1270

Begun and held at the City of Washington on Tuesday, the fourth day of January, two thousand and five, An Act

To amend the Internal Revenue Code of 1986 to extend the Leaking Underground Storage Tank Trust Fund financing rate.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. EXTENSION OF LEAKING UNDERGROUND STORAGE TANK TRUST FUND FINANCING RATE.

(a) In General- Paragraph (3) of section 4081(d) of the Internal Revenue Code of 1986 (relating to Leaking Underground Storage Tank Trust Fund financing rate) is amended by striking `April 1, 2005' and inserting `October 1, 2005'.

(b) Effective Date- The amendment made by this section shall take effect on the date of the enactment of this Act.

Speaker of the House of Representatives. Vice President of the United States and President of the Senate.