S.344: A bill to amend the Internal Revenue Code of 1986 to equalize the excise tax on liquified petroleum gas and liquified natural gas.

About This Bill

  • Introduced Feb. 3, 2015
  • Latest Major Action Feb. 3, 2015

Bill 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.

(Source: Library of Congress)

Bill Actions

Date Description
Feb. 3, 2015
Read twice and referred to the Committee on Finance.
Feb. 3, 2015

Introduced in the Senate by Michael Bennet (D-Colo.)

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