H.R. 366

Summary

H.R. 366, to amend the Internal Revenue Code of 1986 to cover into the treasury of the Virgin Islands revenue from tax on fuel produced in the Virgin Islands and entered into the United States, was introduced in the House on Jan 13, 2025 by Rep. Stacey Plaskett (D). It was referred to Ways And Means, and last saw action on Jan 13, 2025: Referred to the House Committee on Ways and Means.

Record

Text

H.R. 366 has no co-sponsors and has not gone to a roll call.

119 HR 366 IH: To amend the Internal Revenue Code of 1986 to cover into the treasury of the Virgin Islands revenue from tax on fuel produced in the Virgin Islands and entered into the United States.
 U.S. House of Representatives
 2025-01-13
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 I  119th CONGRESS  1st Session  H. R. 366  IN THE HOUSE OF REPRESENTATIVES   January 13, 2025   Ms. Plaskett  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 cover into the treasury of the Virgin Islands revenue from tax on fuel produced in the Virgin Islands and entered into the United States.
1.
Fuel tax covered over into Virgin Islands treasury
(a)
In general
 Section 7652  of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection:
(j)
Shipment of fuel from the virgin islands to the united states
All taxes collected under section 4081(a) on fuel produced in the Virgin Islands and entered into the United States from the Virgin Islands shall be covered into the treasury of the Virgin Islands.
 .
(b)
Effective date
The amendment made by this section shall apply to fuel entered into the United States after December 31, 2024.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

To amend the Internal Revenue Code of 1986 to cover into the treasury of the Virgin Islands revenue from tax on fuel produced in the Virgin Islands and entered into the United States.

Sponsors

Rep. Stacey Plaskett (D) sponsors H.R. 366 alone.

Stacey Plaskett

Rep. · D–VI · Sponsor

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Committees

H.R. 366 went before 1 committee: Ways and Means.

Ways and Means

Ways and Means

Referred To · Jan 13, 2025 · 1,160 Bills

Actions

H.R. 366 has taken 2 actions since Jan 13, 2025.

Votes

H.R. 366 has not gone to a roll call.

Titles

H.R. 366 goes by 2 titles.

• To amend the Internal Revenue Code of 1986 to cover into the treasury of the Virgin Islands revenue from tax on fuel produced in the Virgin Islands and entered into the United States. — Official Title as Introduced
• To amend the Internal Revenue Code of 1986 to cover into the treasury of the Virgin Islands revenue from tax on fuel produced in the Virgin Islands and entered into the United States. — Display Title

Classification

The Congressional Research Service files H.R. 366 under Taxation, one of its 31 policy areas, and gives it 8 legislative subjects.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 366’s is Taxation.

Legislative Subjects

H.R. 366 carries 8 of CRS’s legislative subjects, from Caribbean area to Virgin Islands.

Source: congress.gov · legiscan.com