Bill Sponsor
House Bill 3431
115th Congress(2017-2018)
To amend the Internal Revenue Code of 1986 to allow the volumetric excise tax credit for liquid fuel derived from natural gas through the Fischer-Tropsch process.
Introduced
Introduced
Introduced in House on Jul 26, 2017
Overview
Text
Introduced
Jul 26, 2017
Latest Action
Jul 26, 2017
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3431
Congress
115
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
Sponsorship by Party
Republican
Louisiana
Republican
Louisiana
Republican
Louisiana
Republican
Louisiana
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

This bill amends the Internal Revenue Code to allow an alternative fuel excise tax credit for liquid fuel derived from natural gas through the Fischer-Tropsch process. The Fischer-Tropsch process is a collection of chemical reactions that converts a mixture of carbon monoxide and hydrogen into liquid hydrocarbons.

Text (1)
July 26, 2017
Actions (2)
07/26/2017
Referred to the House Committee on Ways and Means.
07/26/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:37:19 PM