A bill to amend the Internal Revenue Code of 1954 to clarify the status of certain oil well service equipment under sub-chapter D of chapter 36 of such Code (relating to tax on the use of certain vehicles).

[AI summary unavailable — showing source text] Exempts from the excise tax, imposed on highway motor vehicles by the Internal Revenue Code, any self-propelled oil well service or drilling equipment and any motor-operated crane whose primary purpose in the provision of onsite mobility and/or in-place operational power. (Amends 26 U.S.C. 4482(a))…