Emergency Fuel Tax Suspension Act

[AI summary unavailable — showing source text] Emergency Fuel Tax Suspension Act - Suspends the excise tax on diesel and special motor fuels during the 180-day period beginning on the day following the date of enactment of this Act. Directs the President to specify a ceiling price for diesel fuel and special motor fuels at levels prevailing on January 15, 1974, less an amount per gallon equal to the amount by which excise taxes were suspended with respect to such products under this Act. States that such ceiling price shall be in effect for the 180-day period beginning on the day following the date of the enactment of this Act.…