S 661
107th Congress
Senate
Transportation Tax Equity and Fairness Act
Official title: A bill to amend the Internal Revenue Code of 1986 to repeal the 4.3-cent motor fuel exercise taxes on railroads and inland waterway transportation which remain in the general fund of the Treasury.
Taxation
BargesCommerceDiesel motorEconomics and Public Finance
More subjectsShow fewer subjects
EnergyEnvironmental ProtectionExcise taxGasoline taxGovernment trust fundsInland water transportationLawLiability for oil pollutionLocomotivesPollution taxesShipsTax cutsTransportation and Public WorksUnderground petroleum tanks
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 29, 2001
Read twice and referred to the Committee on Finance.
Mar 29, 2001
Sponsor introductory remarks on measure. (CR S3170-3171)
Mar 29, 2001
Introduced in Senate
Ask about this bill
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Latest action
Read twice and referred to the Committee on Finance.
Plain-English summary
Transportation Tax Equity and Fairness Act - Amends the Internal Revenue Code to repeal the special fuel excise tax on railroads and inland waterway transportation.
Subjects diesel fuel used in trains to the additional tax for the Leaking Underground Storage Tank Trust Fund.
Bill text
1 version
- Introduced in Senate Formatted Text PDF
Committees of jurisdiction
1
Cosponsors
2
Cite this page
U.S. Congress. (2026). S. 661: Transportation Tax Equity and Fairness Act. 107th Congress. Open America. https://openamerica.io/bill/107-S-661/
"S. 661: Transportation Tax Equity and Fairness Act." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-S-661/.
S. 661, 107th Cong. (2026), https://openamerica.io/bill/107-S-661/.
[S. 661: Transportation Tax Equity and Fairness Act](https://openamerica.io/bill/107-S-661/)