ReleVote

A bill to amend the Internal Revenue Code of 1986 to allow for payments to certain individuals who dye fuel, and for other purposes.

Bill Number
S. 1111
Origin Chamber
Senate
Congress
119th Congress, Session 1
Policy Area
Taxation
Status
Introduced
Latest Action
2025-03-25: Read twice and referred to the Committee on Finance.
Last Updated
2025-05-08T19:29:51Z

AI-Generated Summary

Purpose

This bill aims to provide tax refunds to certain individuals or entities involved in handling dyed diesel fuel or kerosene, which is typically used for non-taxable purposes (like off-road or heating use). By amending the Internal Revenue Code of 1986 (IRC), it reimburses the initial excise tax paid on this fuel to prevent double taxation or unnecessary costs in the supply chain.

Key Provisions

Significant Changes to Existing Law

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Sen. Johnson, Ron [R-WI]

Cosponsors (1)

Sen. Baldwin, Tammy [D-WI]

Recent Actions

Bill Versions