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A bill to amend the Clean Air Act to repeal the natural gas tax.
5/24/2024, 10:56 AM
Summary of Bill S 4405
Bill 118 s 4405, also known as the "Natural Gas Tax Repeal Act," is a proposed piece of legislation that aims to amend the Clean Air Act by repealing the tax on natural gas. The bill seeks to eliminate the tax that is currently imposed on the production and use of natural gas, which is a fossil fuel that is commonly used for heating, electricity generation, and transportation.
The bill is intended to provide relief to consumers and businesses that rely on natural gas as a source of energy by reducing the cost of using this fuel. Proponents of the bill argue that repealing the natural gas tax will help stimulate economic growth and create jobs in industries that rely on natural gas, such as manufacturing and transportation.
Opponents of the bill, however, argue that repealing the tax on natural gas could have negative environmental consequences, as natural gas is a greenhouse gas that contributes to climate change. They also argue that the tax on natural gas helps fund important environmental programs and initiatives that aim to reduce air pollution and protect public health. Overall, the Natural Gas Tax Repeal Act is a controversial piece of legislation that has sparked debate among lawmakers and stakeholders. Supporters believe that repealing the tax will benefit the economy, while opponents are concerned about the potential environmental impacts of such a move. The bill is currently being considered by Congress and its fate remains uncertain.
The bill is intended to provide relief to consumers and businesses that rely on natural gas as a source of energy by reducing the cost of using this fuel. Proponents of the bill argue that repealing the natural gas tax will help stimulate economic growth and create jobs in industries that rely on natural gas, such as manufacturing and transportation.
Opponents of the bill, however, argue that repealing the tax on natural gas could have negative environmental consequences, as natural gas is a greenhouse gas that contributes to climate change. They also argue that the tax on natural gas helps fund important environmental programs and initiatives that aim to reduce air pollution and protect public health. Overall, the Natural Gas Tax Repeal Act is a controversial piece of legislation that has sparked debate among lawmakers and stakeholders. Supporters believe that repealing the tax will benefit the economy, while opponents are concerned about the potential environmental impacts of such a move. The bill is currently being considered by Congress and its fate remains uncertain.
Current Status of Bill S 4405
Bill S 4405 is currently in the status of Bill Introduced since May 23, 2024. Bill S 4405 was introduced during Congress 118 and was introduced to the Senate on May 23, 2024. Bill S 4405's most recent activity was Read twice and referred to the Committee on Environment and Public Works. as of May 23, 2024
Bipartisan Support of Bill S 4405
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
22Democrat Cosponsors
0Republican Cosponsors
22Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 4405
Primary Policy Focus
Alternate Title(s) of Bill S 4405
A bill to amend the Clean Air Act to repeal the natural gas tax.
A bill to amend the Clean Air Act to repeal the natural gas tax.
Comments
Sponsors and Cosponsors of S 4405
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