S 2811 · 96th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to allow a deduction for taxes paid on fuels used in ride-sharing vehicles.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Finance.(1980-06-11)
Plain Language Summary
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Amends the Internal Revenue Code to allow an income tax deduction for Federal, State, and local taxes, including import fees that increase prices, on the sale of gasoline, diesel fuel, and other motor fuels used as a fuel in a ride-sharing commuter vehicle. Describes the qualifications for such vehicle. Requires the Secretary of the Treasury to publish tables to assist taxpayers in computing such deduction.…
Summarized by Claude AI · Non-partisan · For informational purposes only