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- S.3372
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.) |