HR. 366In Committee
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.
Amend the Internal Revenue Code to deposit into the Virgin Islands treasury federal tax revenue from fuel produced there and brought into the United States
Plain-English overview
What this bill does
Amend the Internal Revenue Code to deposit into the Virgin Islands treasury federal tax revenue from fuel produced there and brought into the United States
Key points
- Amend Internal Revenue Code
- Transfer fuel tax revenue
Current status
Where it stands
Status
In Committee
Latest action
2025-01-13 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedCaribbean areaEnergy pricesOil and gasSales and excise taxesState and local financeTax administration and collection, taxpayersTaxation