H.R. 5986, The Diesel Fuel Tax Relief Act of 2008

• This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

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H.R. 5986 would amend the Internal Revenue Code of 1986 to immediately terminate the excise tax on diesel fuel and the tax credits for ethanol and other alcohol fuels.

Detailed Summary

Diesel Fuel Tax Relief Act of 2008 - Amends the Internal Revenue Code to terminate the excise tax on diesel fuel, the excise tax credit for ethanol, and the income tax credit for alcohol used as fuel.

Status of the Legislation

Latest Major Action: 5/7/2008: Referred to House committee. Status: Referred to the House Committee on Ways and Means.

Points in Favor

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Points Against

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