S.3372: Natural Gas Truck Tax Parity Act of 2016

About This Bill

  • Introduced Sept. 21, 2016
  • Latest Major Action Sept. 21, 2016

Bill Sponsor

Bill Summary

Natural Gas Truck Tax Parity Act of 2016 This bill amends the Internal Revenue Code to reduce the excise tax rate on the retail sale of heavy trucks and trailers by 35% for any automobile truck chassis, automobile truck body, or tractor that is fueled wholly or partially by an alternative fuel. The term "alternative fuel" means compressed natural gas, liquefied natural gas, liquefied petroleum gas, renewable natural gas, hydrogen, and any...

(Source: Library of Congress)

Bill Actions

Date Description
Sept. 21, 2016
Read twice and referred to the Committee on Finance.
Sept. 21, 2016

Introduced in the Senate by Bill Cassidy (R-La.)

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