HR 5959
115th Congress
House
Taxation
Alternative and renewable resources
Civil actions and liability
Government trust funds
Hybrid, electric, and advanced technology vehicles
Income tax credits
Motor vehicles
Navigation, waterways, harbors
Oil and gas
Property tax
Public contracts and procurement
Research administration and funding
Research and development
Sales and excise taxes
Natural Gas Parity Act
Introduced: May 24, 2018
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 24, 2018
Referred to the Committee on Ways and Means, and in addition to the Committees on Oversight and Government Reform, Energy and Commerce, and Science, Space, and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
May 24, 2018
Introduced in House
Plain-English summary
Natural Gas Parity Act
This bill modifies several tax provisions and federal programs related to the sale, purchase, and use of natural gas.
The bill modifies tax provisions related to natural gas to
- extend the alternative fuels tax credit,
- modify the excise tax on heavy trucks and trailers sold at retail to add a partial exclusion for alternative fuel trucks,
- add a new tax credit for new natural gas motor vehicles,
- extend and increase the alternative fuel vehicle refueling property tax credit, and
- establish a liquefied natural gas equivalent for the purposes of the Inland Waterways Trust Fund financing rate.
The bill modifies several federal programs and requirements to
- specify minimum federal acquisition requirements for natural gas and alternative fuel vehicles;
- authorize the Department of Energy (DOE) to conduct specified research, development, and demonstration activities regarding natural gas vehicles;
- authorize DOE to award natural gas vehicle deployment grants under the Clean Cities program; and
- require specified funds provided for under certain settlement agreements for alleged violations of environmental laws to be used for alternative fuel vehicle deployment grants.
What's happening now
Referred to the Committee on Ways and Means, and in addition to the Committees on Oversight and Government Reform, Energy and Commerce, and Science, Space, and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Cosponsors
1