| 1 | 1 | | I |
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| 2 | 2 | | 119THCONGRESS |
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| 3 | 3 | | 1 |
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| 4 | 4 | | STSESSION H. R. 640 |
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| 5 | 5 | | To amend the Internal Revenue Code of 1986 to repeal the excise taxes |
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| 6 | 6 | | on taxable chemicals and taxable substances. |
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| 7 | 7 | | IN THE HOUSE OF REPRESENTATIVES |
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| 8 | 8 | | JANUARY22, 2025 |
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| 9 | 9 | | Ms. V |
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| 10 | 10 | | ANDUYNE(for herself, Mr. CAREY, Mr. LAHOOD, and Mrs. MILLER |
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| 11 | 11 | | of West Virginia) introduced the following bill; which was referred to the |
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| 12 | 12 | | Committee on Ways and Means |
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| 13 | 13 | | A BILL |
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| 14 | 14 | | To amend the Internal Revenue Code of 1986 to repeal |
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| 15 | 15 | | the excise taxes on taxable chemicals and taxable substances. |
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| 16 | 16 | | Be it enacted by the Senate and House of Representa-1 |
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| 17 | 17 | | tives of the United States of America in Congress assembled, 2 |
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| 18 | 18 | | SECTION 1. SHORT TITLE. 3 |
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| 19 | 19 | | This Act may be cited as the ‘‘Chemical Tax Repeal 4 |
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| 20 | 20 | | Act’’. 5 |
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| 21 | 21 | | SEC. 2. REPEAL OF EXCISE TAXES ON CERTAIN CHEMICALS 6 |
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| 22 | 22 | | AND SUBSTANCES. 7 |
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| 23 | 23 | | (a) I |
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| 24 | 24 | | NGENERAL.—Chapter 38 of the Internal Rev-8 |
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| 25 | 25 | | enue Code of 1986 is amended by striking subchapters 9 |
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| 26 | 26 | | VerDate Sep 11 2014 02:55 Feb 19, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H640.IH H640 |
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| 27 | 27 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 2 |
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| 28 | 28 | | •HR 640 IH |
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| 29 | 29 | | B and C (and by striking the items relating to such sub-1 |
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| 30 | 30 | | chapters in the table of subchapters for such chapter). 2 |
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| 31 | 31 | | (b) E |
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| 32 | 32 | | FFECTIVEDATE.—The amendments made by 3 |
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| 33 | 33 | | this section shall take effect on January 1, 2024. 4 |
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| 34 | 34 | | Æ |
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| 35 | 35 | | VerDate Sep 11 2014 02:55 Feb 19, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H640.IH H640 |
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| 36 | 36 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB |
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