A bill to amend the Internal Revenue Code of 1986 to permit tax-free purchases of certain fuels by farmers and waterway business users.

Amends the Internal Revenue Code with respect to the excise tax on diesel and aviation fuels. Prohibits imposition of the tax on the sale of these fuels to any purchaser (or purchaser for resale to a second purchaser) for use: (1) on a farm for farming purposes; or (2) in a vessel in commercial waterway transportation.