S.1774: Waterway LNG Parity Act of 2019

About This Bill

Bill Sponsor

Bill Cosponsors

2 (1 Democrat, 1 Republican)

Bill Version

Bill Summary

Waterway LNG Parity Act of 2019 This bill amends the Internal Revenue Code to provide for an energy equivalent for a gallon of diesel, in the case of liquefied natural gas (LNG), for the purposes of the 29 cents per gallon Inland Waterways Trust Fund financing rate. (The rate is used for the excise tax on fuel used in commercial transportation on inland waterways.) The bill specifies that the energy equivalent of a gallon of diesel is 6.06...

(Source: Library of Congress)

Bill Actions

Date Description
June 11, 2019
Read twice and referred to the Committee on Finance.
June 11, 2019

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

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