Marine Link
Friday, May 3, 2024

Fuel Tax Repeal Introduced in House

Maritime Activity Reports, Inc.

August 27, 1999

Representative Kenny Hulshof (R-Mo.), along with 22 co-sponsors, introduced the Transportation Tax Equity and Fairness Act, H.R. 1001, to repeal the 4.3 cent "deficit reduction" fuel tax paid by railroads and inland waterways carriers. The total number of cosponsors from the Ways and Means Committee now stands at 19, almost a majority of the committee. That show of support for the bill will help ensure its consideration for inclusion in any tax package put together later this year. The American Waterways Operators (AWO) and other supporters of the tax repeal are continuing to work for additional co-sponsors both on and off the committee, and to seek sponsors for companion legislation in the Senate. No action has yet been scheduled on the just-introduced House measure.

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week