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S. 344

Referred to Committee

A bill to amend the Internal Revenue Code of 1986 to equalize the excise tax on liquified petroleum gas and liquified natural gas.

Introduced 2/3/2015•114th Congress•Senate

Latest Action

Read twice and referred to the Committee on Finance.

2/3/2015 • Senate

Summary

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.

Introduced in Senate • 2/3/2015

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Topics & Subjects

Policy Area: Taxation
Oil and gasSales and excise taxes

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (2)

Party Breakdown

1
Democrats
1
Republicans
0
Independents

Sponsor

S[
Sen. Bennet, Michael F. [D-CO]

Democrat • CO

Sponsored 2/3/2015

Cosponsors (1)

S[
Sen. Burr, Richard [R-NC]

R-NC

Joined 2/3/2015

Bill Journey

Originated in the Senate

Introduced

February 3, 2015

Read twice and referred to the Committee on Finance.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate2/3/2015

Details

Bill TypeS
Current StatusReferred to Committee
Cosponsors1