II
119THCONGRESS
1
STSESSION S. 549
To amend the Internal Revenue Code of 1986 to extend the exemption
from the excise tax on alternative motorboat fuels sold as supplies for
vessels or aircraft to include certain vessels serving only one coast.
IN THE SENATE OF THE UNITED STATES
FEBRUARY12, 2025
Ms. M
URKOWSKI(for herself, Ms. HIRONO, and Mr. SULLIVAN) introduced the
following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to extend
the exemption from the excise tax on alternative motor-
boat fuels sold as supplies for vessels or aircraft to
include certain vessels serving only one coast.
Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2
SECTION 1. SHORT TITLE. 3
This Act may be cited as the ‘‘Maritime Fuel Tax 4
Parity Act’’. 5
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•S 549 IS
SEC. 2. EXEMPTION FROM EXCISE TAX ON ALTERNATIVE 1
MOTORBOAT FUELS EXTENDED TO INCLUDE 2
CERTAIN VESSELS SERVING ONLY ONE 3
COAST. 4
(a) I
NGENERAL.—Section 4041(g) of the Internal 5
Revenue Code of 1986 is amended by adding at the end 6
the following new sentence: ‘‘For purposes of subsection 7
(a)(2), the exemption under paragraph (1) shall also apply 8
to fuel sold for use or used by a vessel which is both de-9
scribed in section 4042(c)(1) and actually engaged in 10
trade between the Atlantic or Pacific ports of the United 11
States (including any territory or possession of the United 12
States).’’. 13
(b) E
FFECTIVEDATE.—The amendment made by 14
this section shall apply to fuel sold for use or used after 15
December 31, 2025. 16
Æ
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