S. 448 — A bill to amend the Internal Revenue Code of 1954 to exempt certain fuels used in connection with intercity, local and school buses, from the federal excise tax.

Summary

Amends the Internal Revenue Code to exempt from the excise tax on gasoline, diesel fuel, and special motor fuels any such fuels used in connection with intercity, local, and school buses.

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Legislative Actions

1981-02-06
Introduced in Senate
1981-02-06
Read second time and referred to Senate Committee on Finance.
1981-02-06
Subcommittee on Energy and Agricultural Taxation took the following actions.
1981-06-08
Subcommittee on Energy and Agricultural Taxation. Hearings held.

A bill to amend the Internal Revenue Code of 1954 to exempt certain fuels used in connection with intercity, local and school buses, from the federal excise tax.

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Summary

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