Maritime Fuel Tax Parity Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 3
- Latest action
- Feb 12, 2025
What it does
The Maritime Fuel Tax Parity Act would extend an existing federal excise tax exemption for alternative motorboat fuels to include certain vessels that operate exclusively between Atlantic or Pacific U.S. ports, including territories and possessions. The bill amends Section 4041(g) of the Internal Revenue Code to clarify that the exemption applies to fuel used by vessels engaged in domestic coastal trade under section 4042(c)(1). The change would take effect for fuel sold or used after December 31, 2025.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.