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United States · Bill · S

S. 253 (98th)

A bill to amend the Internal Revenue Code of 1954 to reduce the rate of tax imposed on certain petroleum products that are mixed with alcohol, and for other purposes.

openUnited States· United States Congress· EN

Introduced

27 January 1983

Last action

Status

Committee on Finance requested executive comment from OMB, Treasury Department, Transportation Department.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Amends the Internal Revenue Code to reduce the excise tax on gasohol and special fuels mixed with alcohol from four cents per gallon to two cents per gallon. Amends the Tariff Schedules of the United States to increase the tariff on alcohol imported for use as a fuel from 50 cents per gallon to 70 cents per gallon.

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Documents

1 official file

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Sources

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