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S 505 115th Congress Senate Taxation Government trust funds Marine and inland water transportation Motor fuels Oil and gas Sales and excise taxes

Waterway LNG Parity Act of 2017

Introduced: March 2, 2017 Introduced by: Cassidy, Bill Republican · Louisiana See on congress.gov
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 2, 2017
Read twice and referred to the Committee on Finance.
Mar 2, 2017
Introduced in Senate
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 Plain-English summary Congressional Research Service

Waterway LNG Parity Act of 2017

This bill amends the Internal Revenue Code to provide for an energy equivalent for a gallon of diesel, in the case of liquefied natural gas (LNG), for the purposes of the 29 cents per gallon Inland Waterways Trust Fund financing rate. (The rate is used for the excise tax on fuel used in commercial transportation on inland waterways.) The bill specifies that the energy equivalent of a gallon of diesel is 6.06 pounds of LNG.

What's happening now March 2, 2017

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • HR 5959 Related bill Natural Gas Parity Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 1 Republican 2
R
Kennedy, John
Louisiana · Jan 29, 2018
 D
Bennet, Michael F.
Colorado · Mar 2, 2017
 R
Young, Todd
Indiana · Mar 2, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). S. 505: Waterway LNG Parity Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-S-505/
MLA
"S. 505: Waterway LNG Parity Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-505/.
Bluebook (legal)
S. 505, 115th Cong. (2026), https://openamerica.io/bill/115-S-505/.
Markdown link
[S. 505: Waterway LNG Parity Act of 2017](https://openamerica.io/bill/115-S-505/)
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