S 1774
116th 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 2019
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 11, 2019
Read twice and referred to the Committee on Finance.
Jun 11, 2019
Introduced in Senate
Plain-English summary
Waterway LNG Parity Act of 2019
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
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1