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Alternative Fuel Tax Parity Act
To amend the Internal Revenue Code of 1986 to equalize the excise tax on liquefied natural gas and liquefied petroleum gas.
Alternative Fuel Tax Parity Act 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. The bill also expands the alternative fuel excise tax credit to include liquefied natural gas used in a motor vehicle or motorboat or sold for use as a fuel in aviation.
- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on Ways and MeansIntroducedMarch 26th, 2015
- house Committees