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

Hozzl · 2024-12-30T13:18:26Z

Explore the details of House Bill 10308 To amend the Internal Revenue Code of 1986 to allow for payments to certain individuals who dye fuel, and for other purposes. currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

12/30/2024, 1:18 PM

Summary of Bill HR 10308

Bill 118 hr 10308, also known as the Fuel Dye Payment Act, aims to make changes to the Internal Revenue Code of 1986 in order to allow for payments to certain individuals who dye fuel. The bill is designed to provide financial assistance to individuals who are involved in the process of dyeing fuel, which is a common practice used to distinguish between different types of fuel for tax and regulatory purposes.

The bill proposes to amend the Internal Revenue Code to allow for payments to individuals who dye fuel, in order to help offset the costs associated with this process. This financial assistance is intended to support individuals who play a crucial role in ensuring that fuel is properly labeled and regulated, which is important for both safety and compliance reasons.

In addition to providing payments to individuals who dye fuel, the bill also includes provisions for other purposes related to fuel dyeing. These additional purposes may include clarifying regulations, improving oversight, or addressing any other issues related to the dyeing of fuel. Overall, the Fuel Dye Payment Act seeks to support individuals involved in the fuel dyeing process by providing financial assistance and addressing any related issues. This bill is currently under consideration in the US Congress and may have implications for the fuel industry and regulatory agencies.

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Current Status of Bill HR 10308

Bill HR 10308 is currently in the status of Bill Introduced since December 5, 2024. Bill HR 10308 was introduced during Congress 118 and was introduced to the House on December 5, 2024. Bill HR 10308's most recent activity was Referred to the House Committee on Ways and Means. as of December 5, 2024

Bipartisan Support of Bill HR 10308

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Policy Area and Potential Impact of Bill HR 10308

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Alternate Title(s) of Bill HR 10308

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