Fuel tax break would extend to single-coast ships, not just coast-to-coast
In committeeH.R. 2925Latest action
Sponsor: Aaron Bean · Representative · FL
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Official title: Maritime Fuel Tax Parity Act
119th Congress
Topics: Jobs & the economy
Introduced:
Read the official bill on Congress.govIn plain words
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The bill would extend a federal fuel excise tax exemption to vessels operating along only one coast, retroactive to 2023.
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What does this do?
The bill would expand an existing federal excise tax exemption on alternative motorboat fuel purchased as vessel "supplies." Currently only vessels traveling coast-to-coast qualify; this bill adds vessels operating solely along one coast, such as only between Atlantic ports or only between Pacific ports. The change would apply retroactively to fuel sales made after December 31, 2023.
Who does it affect?
Commercial vessel operators running single-coast routes, the maritime shipping and boating industries, and the federal government are affected.
Why does it matter?
The exemption would put single-coast vessel operators on equal tax footing with coast-to-coast vessels, while reducing the amount of excise tax revenue collected by the federal government.
What does it cost, and who pays?
- Less federal excise tax revenue collected
- Retroactive to Dec 31, 2023
- Refunds or credits possible for past payments
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Where does it stand?
- IntroducedApr 17, 2025
- House committeeYou are here · Apr 17, 2025
- House vote
- Senate
- The president's desk
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the president.
Latest action: — Referred to the House Committee on Ways and Means.