[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4687 Introduced in House (IH)]







105th CONGRESS
  2d Session
                                H. R. 4687

 To amend the Internal Revenue Code of 1986 to allow vendor refunds of 
  Federal excise taxes on kerosene used in unvented heaters for home 
                           heating purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            October 2, 1998

  Mr. Maloney of Connecticut introduced the following bill; which was 
              referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to allow vendor refunds of 
  Federal excise taxes on kerosene used in unvented heaters for home 
                           heating purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. VENDOR REFUNDS OF FEDERAL EXCISE TAXES ON KEROSENE USED IN 
              UNVENTED HEATERS FOR HOME HEATING PURPOSES.

    (a) In General.--Subparagraph (B) of section 6427(l)(5) of the 
Internal Revenue Code of 1986 (relating to sales of kerosene not for 
use in motor fuel) is amended by striking ``or'' at the end of clause 
(i), by striking the period at the end of clause (ii) and inserting ``, 
or'', and by adding at the end the following new clause:
                            ``(iii) in a qualified residential sale (as 
                        defined in subparagraph (D)).''
    (b) Qualified Residential Sale.--Paragraph (5) of section 6427(l) 
of such Code is amended by adding at the end the following new 
subparagraph:
                    ``(D) Qualified residential sale.--For purposes of 
                subparagraph (B)(iii), the term `qualified residential 
                sale' means any sale of kerosene if--
                            ``(i) the kerosene is delivered into a 
                        storage tank (of at least 50 but not more than 
                        200 gallons) located at a residence for use as 
                        a fuel in an unvented heater used for heating 
                        the residence, and
                            ``(ii) the vendor reasonably believes that 
                        the kerosene is being so used.''
    (c) Refunds.--Subparagraph (A) of section 6427(f)(4) of such Code 
is amended by adding at the end the following new sentence: ``In a case 
to which subsection (l)(5)(B)(iii) applies, clause (ii) shall be 
applied by substituting `1 month' for `1 week' and paragraph (3)(B) 
shall be applied by substituting `45 days' for `20 days'.''
    (d) Effective Date.--The amendments made by this section shall 
apply to sales after the date of the enactment of this Act.
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