Bill116th CongressFiled Jun 11, 2019Taxation
S. 1774
Waterway LNG Parity Act of 2019
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jun 11, 2019)
Waterway LNG Parity Act of 2019
This bill amends the Internal Revenue Code to provide for an energy equivalent for a gallon of diesel, in the case of liquefied natural gas (LNG), for the purposes of the 29 cents per gallon Inland Waterways Trust Fund financing rate. (The rate is used for the excise tax on fuel used in commercial transportation on inland waterways.) The bill specifies that the energy equivalent of a gallon of diesel is 6.06 pounds of LNG.
What just happenedJun 11, 2019
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Cassidy, Bill [R-LA](R-LA)Sponsor
2 cosponsors1 D1 R
2cosponsors1committees2actions5subjects
- Introduced in SenateJun 11, 2019
- Jun 11, 2019IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jun 11, 2019IntroReferral10000
Introduced in Senate