HR 4321 · 112th Congress · Taxation
Heavy Truck Tax Fairness Act of 2012
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2012-03-29)
Plain Language Summary
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Heavy Truck Tax Fairness Act of 2012 - Amends the Internal Revenue Code to: (1) repeal the excise tax on heavy trucks and trailers sold at retail, (2) increase the rate of tax on diesel fuel or kerosene to 30.7 cents per gallon, and (3) impose a floor stocks tax with respect to certain taxable fuels.…
Summarized by Claude AI · Non-partisan · For informational purposes only