S 1068 · 103th Congress · Taxation
A bill to reduce the Federal budget deficit and encourage energy conservation through an increase in the motor fuels excise tax, and for other purposes.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(1993-05-28)
Plain Language Summary
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Amends the Internal Revenue Code to increase the gasoline deficit reduction rate and the diesel fuel deficit reduction rate by ten cents a gallon beginning after December 31, 1993, and ending before January 1, 1999. Increases the earned income credit and includes families without qualifying children.…
Summarized by Claude AI · Non-partisan · For informational purposes only