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- S.875
S.875: Fuel Tax Equalization Credit for Substantial Power Takeoff Vehicles Act
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced May 14, 2001
- Latest Major Action May 14, 2001
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Fuel Tax Equalization Credit for Substantial Power Takeoff Vehicles Act - Amends the Internal Revenue Code to provide a $250 credit for each qualified commercial power takeoff vehicle (certain highway vehicles designed to deliver ready mixed concrete or collect refuse or recyclables) owned by a taxpayer at the end of the year. Stipulates that such credit shall not be available for a vehicle used during the year by a governmental entity or a...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| May 14, 2001 |
Introduced in the Senate by John B. Breaux (D-La.) |