S 344
114th Congress
Senate
Taxation
Oil and gas
Sales and excise taxes
A bill to amend the Internal Revenue Code of 1986 to equalize the excise tax on liquified petroleum gas and liquified natural gas.
Introduced: February 3, 2015
Introduced by:
Bennet, Michael F.
Democratic
· Colorado
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 3, 2015
Read twice and referred to the Committee on Finance.
Feb 3, 2015
Introduced in Senate
Plain-English summary
This bill equalizes the excise tax on liquefied petroleum gas and liquefied natural gas by establishing a rate of 18.3 cents per energy equivalent of a gallon of gasoline for liquefied petroleum gas and 24.3 cents per energy equivalent of a gallon of diesel for liquefied natural gas.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1