119-hr640

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Chemical Tax Repeal Act

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Introduced:
Jan 22, 2025
Policy Area:
Taxation

Bill Statistics

3
Actions
9
Cosponsors
0
Summaries
1
Subjects
1
Text Versions
Yes
Full Text

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Latest Action

Jan 22, 2025
Referred to the House Committee on Ways and Means.

Actions (3)

Referred to the House Committee on Ways and Means.
Type: IntroReferral | Source: House floor actions | Code: H11100
Jan 22, 2025
Introduced in House
Type: IntroReferral | Source: Library of Congress | Code: Intro-H
Jan 22, 2025
Introduced in House
Type: IntroReferral | Source: Library of Congress | Code: 1000
Jan 22, 2025

Subjects (1)

Taxation (Policy Area)

Cosponsors (9)

Text Versions (1)

Introduced in House

Jan 22, 2025

Full Bill Text

Length: 1,387 characters Version: Introduced in House Version Date: Jan 22, 2025 Last Updated: Nov 15, 2025 2:08 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 640 Introduced in House

(IH) ]

<DOC>

119th CONGRESS
1st Session
H. R. 640

To amend the Internal Revenue Code of 1986 to repeal the excise taxes
on taxable chemicals and taxable substances.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

January 22, 2025

Ms. Van Duyne (for herself, Mr. Carey, Mr. LaHood, and Mrs. Miller of
West Virginia) introduced the following bill; which was referred to the
Committee on Ways and Means

_______________________________________________________________________

A BILL

To amend the Internal Revenue Code of 1986 to repeal the excise taxes
on taxable chemicals and taxable substances.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.

This Act may be cited as the ``Chemical Tax Repeal Act''.
SEC. 2.

(a) In General.--Chapter 38 of the Internal Revenue Code of 1986 is
amended by striking subchapters B and C (and by striking the items
relating to such subchapters in the table of subchapters for such
chapter).

(b) Effective Date.--The amendments made by this section shall take
effect on January 1, 2024.
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