3.0.0 3372 2023-01-11T13:33:33Z 2023-01-11T13:33:33Z Senate S 2016-09-21 114 ssfi00 Finance Committee Senate Standing Referred to 2016-09-21T18:42:28Z Natural Gas Truck Tax Parity Act of 2016 114 6111 HR 2016-09-21 Referred to the House Committee on Ways and Means. Identical bill CRS 2016-09-21 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2016-09-21 Introduced in Senate IntroReferral 10000 9 Library of Congress C001075 Sen. Cassidy, Bill [R-LA] Bill Cassidy R LA N Taxation Taxation 00 2016-09-21 Introduced in Senate 2016-09-28T18:40:58Z 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 liquid whose volume is at least 85% methanol.

]]> Natural Gas Truck Tax Parity Act of 2016 Display Title Natural Gas Truck Tax Parity Act of 2016 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide for a partial exclusion from the excise tax imposed on heavy trucks sold at retail for alternative fuel trucks. Introduced in Senate IS Short Titles as Introduced Natural Gas Truck Tax Parity Act of 2016 Introduced in Senate 2016-09-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s3372is/xml/BILLS-114s3372is.xml 2016-09-21 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.