Skip to main content
CivicGate

HR 2925
Introduced Re-checks Congress.gov for new actions and updates the bill's status, and fills in any sponsors, committees, or related bills that are missing. It does not re-pull sponsors/cosponsors/committees/related — those rarely change — and it skips all work if nothing has changed upstream, so it's cheap to click.

Maritime Fuel Tax Parity Act

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.

Introduced Apr 17, 2025

Latest action (Apr 17, 2025) Referred to the House Committee on Ways and Means.

Policy area
Issues
Economy & Taxes

Summary

This bill amends the Internal Revenue Code to extend the exemption from federal excise tax on alternative motorboat fuels to include certain vessels that operate in trade between Atlantic or Pacific ports of the United States. The exemption currently applies to fuels sold as supplies for vessels engaged in certain types of trade, and this bill expands it to cover vessels serving only one coast. The amendment is effective retroactively for sales after December 31, 2023.

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)

Money behind the sponsor

Top reported contributors to Aaron Bean’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.

  • BAPTIST HEALTH $9,500
  • SHIELD PROPERTIES INC. $8,300
  • APOLLO GLOBAL MANAGEMENT $7,800
  • THE MAYERNICK GROUP $7,000
  • PET PARADISE RESORT $6,600

Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Aaron Bean → · Outside spending →

Actions (2)

  1. Apr 17, 2025 Referred to the House Committee on Ways and Means. · house
  2. Apr 17, 2025 Introduced in House

Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

Text versions (1)

  • Introduced in House · Apr 17, 2025

Only one text version is on file, so there’s no earlier version to compare against yet.

Full text

IN THE HOUSE OF REPRESENTATIVES

April 17, 2025

Mr. Bean of Florida (for himself, Mr. Rutherford, Mr. Buchanan, Mr. Garamendi, and Ms. Tokuda) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

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.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the “Maritime Fuel Tax Parity Act”.

SEC. 2. EXEMPTION FROM EXCISE TAX ON ALTERNATIVE MOTORBOAT FUELS EXTENDED TO INCLUDE CERTAIN VESSELS SERVING ONLY ONE COAST.

(a) In General.—Section 4041(g) of the Internal Revenue Code of 1986 is amended by adding at the end the following new sentence: “For purposes of subsection (a)(2), the exemption under paragraph (1) shall also apply to fuel sold or used by a vessel which is both described in section 4042(c)(1) and actually engaged in trade between Atlantic or Pacific ports of the United States (including any territory or possession of the United States).”.

(b) Effective Date.—The amendment made by this section shall apply to sales after December 31, 2023. <all>

Comments

Comments

Loading comments…