Introduced:
Feb 18, 2025
Policy Area:
Taxation
Congress.gov:
Bill Statistics
2
Actions
7
Cosponsors
0
Summaries
1
Subjects
1
Text Versions
Yes
Full Text
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Latest Action
Feb 18, 2025
Read twice and referred to the Committee on Finance.
Actions (2)
Read twice and referred to the Committee on Finance.
Type: IntroReferral
| Source: Senate
Feb 18, 2025
Introduced in Senate
Type: IntroReferral
| Source: Library of Congress
| Code: 10000
Feb 18, 2025
Subjects (1)
Taxation
(Policy Area)
Cosponsors (7)
(R-LA)
Jun 12, 2025
Jun 12, 2025
(R-IA)
Apr 28, 2025
Apr 28, 2025
(R-OK)
Mar 14, 2025
Mar 14, 2025
(R-WY)
Feb 18, 2025
Feb 18, 2025
(R-TX)
Feb 18, 2025
Feb 18, 2025
(R-LA)
Feb 18, 2025
Feb 18, 2025
(R-UT)
Feb 18, 2025
Feb 18, 2025
Full Bill Text
Length: 1,386 characters
Version: Introduced in Senate
Version Date: Feb 18, 2025
Last Updated: Nov 17, 2025 2:09 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 615 Introduced in Senate
(IS) ]
<DOC>
119th CONGRESS
1st Session
S. 615
To amend the Internal Revenue Code of 1986 to repeal the excise taxes
on taxable chemicals and taxable substances.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
February 18, 2025
Mr. Cruz (for himself, Mr. Kennedy, Mr. Cornyn, Mr. Barrasso, and Mr.
Lee) 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 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,
[From the U.S. Government Publishing Office]
[S. 615 Introduced in Senate
(IS) ]
<DOC>
119th CONGRESS
1st Session
S. 615
To amend the Internal Revenue Code of 1986 to repeal the excise taxes
on taxable chemicals and taxable substances.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
February 18, 2025
Mr. Cruz (for himself, Mr. Kennedy, Mr. Cornyn, Mr. Barrasso, and Mr.
Lee) 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 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, 2025.
<all>