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H.R. 2925119th CongressIn committeeLatest action Apr 17, 2025Decoded by AI · checked against the record
The plain-language version leads. The official text is always the reference.
The bill would extend a federal fuel excise tax exemption to vessels operating along only one coast, retroactive to 2023.
45-second read · 5 questions answered below
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.
Commercial vessel operators running single-coast routes, the maritime shipping and boating industries, and the federal government are affected.
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.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
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.