Highway Trust Fund Recovery Act of 2001

This bill would change how the federal government handles taxes collected on alcohol-based fuels, such as ethanol. Under the proposed law, all tax revenue from these fuels would be directed into the Highway Trust Fund, the primary source of federal funding for building and repairing America's roads and bridges.

Currently, a portion of these specific taxes is sent to the government's general fund rather than being dedicated to transportation projects. By redirecting this money, the bill aims to increase the available budget for highway maintenance and infrastructure improvements without raising tax rates for consumers.