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A bill to amend the Internal Revenue Code of 1986 to allow for payments to certain individuals who dye fuel, and for other purposes.

3/8/2023, 8:12 PM

Congressional Summary of S 2877

This bill allows payments, in lieu of tax credits, to individuals who remove from a terminal eligible indelibly dyed diesel fuel or kerosene.

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Current Status of Bill S 2877

Bill S 2877 is currently in the status of Bill Introduced since September 28, 2021. Bill S 2877 was introduced during Congress 117 and was introduced to the Senate on September 28, 2021.  Bill S 2877's most recent activity was Read twice and referred to the Committee on Finance. as of September 28, 2021

Bipartisan Support of Bill S 2877

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 2877

Primary Policy Focus

Taxation

Potential Impact Areas

- Motor fuels
- Sales and excise taxes

Alternate Title(s) of Bill S 2877

A bill to amend the Internal Revenue Code of 1986 to allow for payments to certain individuals who dye fuel, and for other purposes.
A bill to amend the Internal Revenue Code of 1986 to allow for payments to certain individuals who dye fuel, and for other purposes.

Comments

Sponsors and Cosponsors of S 2877

Tammy Baldwin
Tammy Baldwin
WisconsinDemocrat
Ron Johnson
Ron Johnson
WisconsinRepublican

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To amend the Internal Revenue Code of 1986 to allow for payments to certain individuals who dye fuel, and for other purposes.
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