To amend the Internal Revenue Code of 1986 to extend the exemption from the excise tax on alternative motorboat fuels sold as supplies for vessels or aircraft to include certain vessels serving only one coast.
Summary
What This Bill Does
The bill creates short title This Act may be cited as the Maritime Fuel Tax Parity Act and requires exemption from excise tax on alternative motorboat fuels extended to include certain vessels serving only one coast Section 4041(g) of the Internal Revenue Code of 1986 is amended by adding at the end. It relies on tax rate changes, compliance mandates, and exemptions. The main policy areas are Airlines and Transportation.
Who Benefits and How
Aviation operators and passengers affected by the bill could face reduced risk.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties and Public beneficiaries or protected communities affected by the clause could face increased risk.
Key Provisions
- Creates short title This Act may be cited as the Maritime Fuel Tax Parity Act.
- Requires exemption from excise tax on alternative motorboat fuels extended to include certain vessels serving only one coast Section 4041(g) of the Internal Revenue Code of 1986 is amended by adding at the end...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill creates short title This Act may be cited as the Maritime Fuel Tax Parity Act and requires exemption from excise tax on alternative motorboat fuels extended to include certain vessels serving only one coast Section 4041(g) of the Internal Revenue Code of 1986 is amended by adding at the end.
Key Policy Areas
Airlines, Transportation
Primary Purpose
The bill creates short title This Act may be cited as the Maritime Fuel Tax Parity Act and requires exemption from excise tax on alternative motorboat fuels extended to include certain vessels serving only one coast Section 4041(g) of the Internal Revenue Code of 1986 is amended by adding at the end.
Policy Domains
Whole bill
Identified Gains
- Aviation operators and passengers affected by the bill
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Public beneficiaries or protected communities affected by the clause
Sponsors
Legislative Progress
IntroducedMr. Rutherford (for himself and Mr. Garamendi) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
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