H.R. 1956 — To amend the Internal Revenue Code of 1986 to provide a moratorium for the excise tax on diesel fuel sold for use or used in noncommercial diesel-powered motorboats and to require the Secretary of the Treasury to study the effectiveness of procedures to collect excises taxes on sales of diesel fuel for noncommercial motorboat use.

Summary

Amends the Internal Revenue Code to prohibit diesel motorboat fuel excise taxes for two years after enactment of this Act.

Mandates a study and report to specified congressional committees on procedures for collecting excise taxes on diesel fuel for noncommercial motorboats.

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S. 1034A bill to amend the Internal Revenue Code of 1986 to provide for a moratorium for the excise tax on diesel fuel sold for or used in noncommercial diesel-powered motorboats and to require the Secretary of the Treasury to study the effectiveness of procedures to collect excise taxes on sales of diesel fuel for noncommercial motorboat use.
1995-07-18Committee on Finance. Hearings held.
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1995-06-29
Introduced in House
1995-06-29
Introduced in House
1995-06-29
Referred to the House Committee on Ways and Means.

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