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Maritime Fuel Tax Parity Act

USA119th CongressHR-2925| House 
| Updated: 4/17/2025
Aaron Bean

Aaron Bean

Republican Representative

Florida

Cosponsors (9)
John Garamendi (Democratic)Brendan F. Boyle (Democratic)Jill N. Tokuda (Democratic)W. Gregory Steube (Republican)John H. Rutherford (Republican)Mike Haridopolos (Republican)Randy Fine (Republican)Linda T. Sánchez (Democratic)Vern Buchanan (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill, titled the "Maritime Fuel Tax Parity Act," proposes to expand an existing exemption from federal excise taxes. It specifically targets the excise tax levied on alternative motorboat fuels when sold as supplies for vessels or aircraft. The legislation seeks to extend this exemption to include certain vessels that operate exclusively between Atlantic or Pacific ports of the United States, encompassing its territories and possessions. This provision aims to offer tax relief for qualifying vessels engaged in coastal trade, ensuring parity with other exempted vessels. The amendment would be effective for sales occurring after December 31, 2023.
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Timeline

Bill from Previous Congress

HR 117-9130
Maritime Fuel Tax Parity Act

Bill from Previous Congress

HR 118-1044
Maritime Fuel Tax Parity Act
Feb 12, 2025

Latest Companion Bill Action

S 119-549
Introduced in Senate
Apr 17, 2025
Introduced in House
Apr 17, 2025
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 117-9130
    Maritime Fuel Tax Parity Act


  • Bill from Previous Congress

    HR 118-1044
    Maritime Fuel Tax Parity Act


  • February 12, 2025

    Latest Companion Bill Action

    S 119-549
    Introduced in Senate


  • April 17, 2025
    Introduced in House


  • April 17, 2025
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • S 119-549: Maritime Fuel Tax Parity Act

Maritime Fuel Tax Parity Act

USA119th CongressHR-2925| House 
| Updated: 4/17/2025
This bill, titled the "Maritime Fuel Tax Parity Act," proposes to expand an existing exemption from federal excise taxes. It specifically targets the excise tax levied on alternative motorboat fuels when sold as supplies for vessels or aircraft. The legislation seeks to extend this exemption to include certain vessels that operate exclusively between Atlantic or Pacific ports of the United States, encompassing its territories and possessions. This provision aims to offer tax relief for qualifying vessels engaged in coastal trade, ensuring parity with other exempted vessels. The amendment would be effective for sales occurring after December 31, 2023.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 117-9130
Maritime Fuel Tax Parity Act

Bill from Previous Congress

HR 118-1044
Maritime Fuel Tax Parity Act
Feb 12, 2025

Latest Companion Bill Action

S 119-549
Introduced in Senate
Apr 17, 2025
Introduced in House
Apr 17, 2025
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 117-9130
    Maritime Fuel Tax Parity Act


  • Bill from Previous Congress

    HR 118-1044
    Maritime Fuel Tax Parity Act


  • February 12, 2025

    Latest Companion Bill Action

    S 119-549
    Introduced in Senate


  • April 17, 2025
    Introduced in House


  • April 17, 2025
    Referred to the House Committee on Ways and Means.
Aaron Bean

Aaron Bean

Republican Representative

Florida

Cosponsors (9)
John Garamendi (Democratic)Brendan F. Boyle (Democratic)Jill N. Tokuda (Democratic)W. Gregory Steube (Republican)John H. Rutherford (Republican)Mike Haridopolos (Republican)Randy Fine (Republican)Linda T. Sánchez (Democratic)Vern Buchanan (Republican)

Ways and Means Committee

Taxation

Related Bills

  • S 119-549: Maritime Fuel Tax Parity Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted