A bill to amend the Internal Revenue Code of 1954 to impose an excise tax on fuels containing sulphur and on certain emissions of sulphur oxides.

Imposes an excise tax under the Internal Revenue Code on fuels containing sulphur and on emissions of sulphur oxides from a stationary source into the atmosphere. Exempts the excise tax upon fuels sold to a manufacturer, producer, or importer for resale by him. (Adds 26 U.S.C. 4111-13, 4496-98)