S 2003
100th Congress
Senate
Taxation
Agricultural economics
Agricultural machinery
Agriculture and Rural Affairs
Aircraft
Aviation
Aviation fuels
Diesel motor
Excise tax
Farms
Motor Vehicles and Driving
Petroleum and petroleum products
Tax exemption
A bill to amend the Internal Revenue Code of 1986 to exempt from tax diesel fuel used for farming purposes.
Introduced: January 25, 1988
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 25, 1988
Read twice and referred to the Committee on Finance.
Jan 25, 1988
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code with respect to the excise tax on diesel and aviation fuels. Declares the tax inapplicable in connection with sales of these fuels for use on a farm for farming purposes. (Although fuel sold for these purposes is tax-exempt under current law, provisions of the Revenue Act of 1987 require purchasers to pay the tax and subsequently apply for a refund based on nontaxable uses of the fuel.)
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1