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Code · BILL · 119th Congress · S. 2444 (Introduced in Senate) — To eliminate certain subsidies for fossil-fuel production. · Sec. 223

Sec. 223. Eliminate drawbacks on petroleum taxes

81 words·~1 min read·/bill/119/s/2444/is/section-223

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Section 313(j) of the Tariff Act of 1930 ( 19 U.S.C. 1313(j) ) is amended by adding at the end the following new paragraph: No amount of any tax imposed on any merchandise pursuant to section 4611 of the Internal Revenue Code of 1986 shall be eligible to be refunded as drawback under this subsection. . The amendment made by this section shall apply with respect to articles entered, or withdrawn from warehouse for consumption, on or after January 1, 2026.
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Sec. 223
Eliminate drawbacks on petroleum taxes
U.S.C.§ 1313
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