H.R. 4001

To temporarily waive the restriction on highway use in applying the tax exemption for diesel fuel used on a farm for farming purposes.

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I

109th CONGRESS

1st Session

H. R. 4001

IN THE HOUSE OF REPRESENTATIVES

October 6, 2005

Mr. Otter introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To temporarily waive the restriction on highway use in applying the tax exemption for diesel fuel used on a farm for farming purposes.

1.

Temporary waiver of restriction on highway use in applying exemption for diesel fuel used on a farm for farming purposes

(a)

In general

For purposes of section 4041(f) of the Internal Revenue Code of 1986, a liquid shall not fail to be treated as used on a farm for farming purposes solely because such fuel is used by a farmer in a highway use to transport agricultural products from the farm to a processor or buyer of such products.

(b)

Period of application

Subsection (a) shall apply to liquids sold or used after the date of the enactment of this Act and before January 1, 2006.