A bill to provide for the marking of certain fuel oils to prevent the sale or use of such fuel oils as a means of avoiding the payment of the Federal excise tax in the sale or use of diesel fuel.
Fuel Oil Marker-Dye Act - Provides that no person shall purchase or use any number 1 fuel oil or number 2 fuel oil which is marked in accordance with the provisions of this Act for the purpose of providing fuel, which makes it subject to tax under the Internal Revenue Code (relating to imposition of tax on diesel fuel) for any diesel-powerered highway vehicles.
Requires any person who sells or distributes number 1 fuel oil or number 2 fuel oil to provide for the marking of such fuel oil in accordance with rules which the Administrator shall prescribe under this Act, except that such fuel oil shall not be marked if such fuel oil is to be used in a manner which makes it subject to such tax under the Internal Revenue Code.
Gives the Federal Energy Office Administrator powers of inspection on business premises, in storage tanks, and in vehicles to determine compliance with this Act.
Introduced in House
Introduced in House
Referred to House Committee on Interstate and Foreign Commerce.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line