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119th CONGRESS
2d Session |
To amend the Internal Revenue Code of 1986 to eliminate the penalties for sale for use and use of dyed fuel in taxable use.
Mr. Steube introduced the following bill; which was referred to the Committee on Ways and Means
To amend the Internal Revenue Code of 1986 to eliminate the penalties for sale for use and use of dyed fuel in taxable use.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Restoring Economic Diesel Fuel Act of 2026”.
SEC. 2. No penalties for sale for use and use of dyed fuel in taxable use.
(a) In general.—The Internal Revenue Code of 1986 is amended by striking section 6715.
(b) Conforming amendment.—Section 9503(b)(5)(A) of such Code is amended by striking “6715,”.
(c) Clerical amendment.—The table of sections for part I of subchapter B of chapter 68 of such Code is amended by striking the item relating to section 6715.
(d) Effective date.—The amendments made by this section shall apply to fuel sold or used after December 31, 2025.