S 3372
114th Congress
Senate
Taxation
Natural Gas Truck Tax Parity Act of 2016
Introduced: September 21, 2016
Introduced by:
Cassidy, Bill
Republican
· Louisiana
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 21, 2016
Read twice and referred to the Committee on Finance.
Sep 21, 2016
Introduced in Senate
Plain-English summary
Natural Gas Truck Tax Parity Act of 2016
This bill amends the Internal Revenue Code to reduce the excise tax rate on the retail sale of heavy trucks and trailers by 35% for any automobile truck chassis, automobile truck body, or tractor that is fueled wholly or partially by an alternative fuel.
The term "alternative fuel" means compressed natural gas, liquefied natural gas, liquefied petroleum gas, renewable natural gas, hydrogen, and any liquid whose volume is at least 85% methanol.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1