Regarding the Excise Tax Levied on Liquefied Natural Gas
Floor Speech
Issues: Oil and Gas Taxes
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Mr. HATCH. Madam President, I was a cosponsor of this amendment to the highway bill in the Finance Committee and understand the importance of equalizing the tax rate between LNG and propane and diesel fuel. Unfortunately, we cannot add this amendment that I support to this time-sensitive legislation. Senator Burr and Senator Bennet, I hope to find an opportunity to include this important provision regarding LNG and propane in legislation next year. This inequitable treatment of LNG and propane deserves a better fate than what exists under current law. I especially want to thank Senator Burr for his tireless efforts on this issue.
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