Bill > HR2146

This bill amends the Internal Revenue Code to create a new mechanism for refunding taxes paid on certain dyed diesel fuel or kerosene. Specifically, the bill allows individuals or businesses to receive a refund for taxes previously paid on indelibly dyed diesel fuel or kerosene that is exempt from taxation under existing law. The refund would be paid by the Secretary of the Treasury to anyone who can prove they removed such fuel from a terminal and meets the qualifying conditions. To be eligible, the fuel must have had a tax paid under section 4081 that was not previously credited or refunded, and must be exempt from taxation under section 4082(a). The bill includes several technical amendments to existing tax code sections to implement this new refund process and specifies that these changes will apply to eligible fuels removed 180 days after the Act's enactment. The purpose appears to be to provide relief or correction for situations where taxes were inappropriately collected on fuel that should have been tax-exempt.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/2146/all-info