HR 5727
98th Congress
House
Taxation
Alcohol and Alcoholic Beverages
Alcohol as fuel
Excise tax
Foreign Trade and Investments
Fuel
Gasohol
Gasoline
Gasoline tax
Imports
Income tax
Motor Vehicles and Driving
Petroleum and petroleum products
Tariff
Tax credits
A bill to decrease the rates of taxes imposed on fuels containing alcohol from existing rates through 1987, to provide annual increases in the rates of such taxes beginning in 1988 until the existing rates of such taxes are reached, to increase the rate of tax imposed on leaded gasoline, and for other purposes.
Introduced: May 24, 1984
Introduced by:
Durbin, Richard J.
Democratic
· Illinois
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, 1984
Referred to House Committee on Ways and Means.
May 24, 1984
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to reduce the excise tax on gasoline, diesel fuel, and special motor fuels containing alcohol from four cents to one cent per gallon through 1987. Increases such tax to: (1) two cents in 1988; (2) three cents in 1989; and (3) four cents between 1990 and 1993.
Increases the excise tax on leaded gasoline from nine cents to 11 cents per gallon. Revises the rules relating to the refund of floor stock excise taxes on gasoline and gasohol.
Provides for a temporary increase through 1989 in the amount of the income tax credit allowed for alcohol used as a fuel. Provides for a temporary increase through 1989 in the customs duty on alcohol imported for use as a fuel.
What's happening now
Referred to House Committee on Ways and Means.
Committees of jurisdiction
1