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United States · Bill · S

S. 917 (114th)

LNG and LPG Excise Tax Equalization Act of 2015

openUnited States· United States Congress· EN

Introduced

14 April 2015

Last action

Status

Placed on Senate Legislative Calendar under General Orders. Calendar No. 50.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

LNG and LPG Excise Tax Equalization Act of 2015 This bill amends the Internal Revenue Code to equalize 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 increases from 30% to 35% the rate of the continuous levy on payments made to Medicare providers and suppliers for unpaid taxes.

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4 official files

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