S. 1979 · 108th Congress
Fuel Fraud Prevention Act of 2003
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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
GrassleySponsor2 cosponsors · 1 D, 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Fuel Fraud Prevention Act of 2003 - Amends the Internal Revenue Code concerning collecting taxes on and providing for the accountability of fuel, including: (1) providing for the taxation of aviation fuel upon its removal from any refinery or terminal, entry into the United States, and upon its sale; (2) establishing penalties for tampering with a…
What it does: CRS summary · Introduced in Senate · Nov 25, 2003
Fuel Fraud Prevention Act of 2003 - Amends the Internal Revenue Code concerning collecting taxes on and providing for the accountability of fuel, including: (1) providing for the taxation of aviation fuel upon its removal from any refinery or terminal, entry into the United States, and upon its sale; (2) establishing penalties for tampering with a mechanical dye injection system used to indelibly dye fuel and operators of such systems failing to maintain security standards to be established; (3) making fuel tax records available to Federal Department of Transportation; (4) granting the Secretary of the Treasury authority to inspect any books and records and shipping papers pertaining to fuel at any production or storage site; (5) expanding registration and reporting requirements with respect to those handling fuel; (6) taxing unregistered importers at point of entry; and (7) dedicating certain penalties to the Highway Trust Fund.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Fuel Fraud Prevention Act of 2003
Latest action (Nov 25, 2003): Read twice and referred to the Committee on Finance.
Policy area: Taxation · Origin: Senate · Introduced: Nov 25, 2003
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.