To amend the Internal Revenue Code of 1986 to allow individuals a credit against income tax of at least $500 to offset the cost of high 2006 gasoline and diesel fuel prices.
Gasoline Price Relief Act of 2006 - Amends the Internal Revenue Code to allow individual taxpayers who own a highway vehicle fueled in whole or in part by gasoline or diesel fuel a nonrefundable income tax credit of $500 ($1,000 if filing jointly) in 2006.
Referred to the House Committee on Ways and Means.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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