A bill to provide a 2-cents-a-gallon tax reduction on gasoline sold for use in highway vehicles where the gasoline contains cereal grain alcohol as a substitute for lead.

Amends the Internal Revenue Code to provide a two cents per gallon refund of the gasoline tax on gasoline using cereal grain alcohol (gasohol) as a substitute for lead. Limits the refund to vendors who have passed on the tax savings to purchasers.