1. Short title This Act may be cited as the Rebuild America Act of 2019 . 2. Sense of Congress It is the sense of Congress that by 2029 the gas tax should be repealed and replaced with a more sustainable, stable funding source. 3. Tax on motor fuels (a) Gasoline other than aviation gasoline Section 4081(a)(2)(A)(i) of the Internal Revenue Code of 1986 is amended to read as follows: (i) in the case of gasoline other than aviation gasoline— (I) for tax imposed before 2020, 18.3 cents per gallon, (II) for tax imposed during 2020, 23.3 cents per gallon, (III) for tax imposed during 2021, 28.3 cents per gallon, (IV) for tax imposed during 2022, 33.3 cents per gallon, (V) for tax imposed during 2023, 38.3 cents per gallon, and (VI) for tax imposed after 2023, 43.3 cents per gallon, . (b) Diesel fuel or kerosene Section 4081(a)(2)(A)(iii) of such Code is amended to read as follows: (iii) in the case of diesel fuel or kerosene— (I) for tax imposed before 2020, 24.3 cents per gallon, (II) for tax imposed during 2020, 29.3 cents per gallon, (III) for tax imposed during 2021, 34.3 cents per gallon, (IV) for tax imposed during 2022, 39.3 cents per gallon, (V) for tax imposed during 2023, 44.3 cents per gallon, and (VI) for tax imposed after 2023, 49.3 cents per gallon. . (c) Increase for inflation Section 4081(a)(2) of such Code is amended by adding at the end the following: (E) Adjustment for inflation In the case of any calendar year beginning after 2024, the rates of tax contained in clauses (i) and (iii) of subparagraph (A) shall each be increased by an amount equal to— (i) such rate, multiplied by (ii) the cost of living adjustment determined under section 1(f)(3) for the calendar year, determined by substituting calendar year 2023 for calendar year 2016 in subparagraph (A)(ii) thereof. Any increase under the preceding sentence shall be rounded to the nearest 0.1 cents. . (d) Diesel-Water fuel emulsion Section 4081(a)(2)(D) of such Code is amended by striking 19.7 cents for 24.3 cents and inserting a rate equal to 71