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Senate Finance Committee Approves Highway Trust Fund Bill with Bennet-Udall Measure to Treat LNG Equally to Diesel Fuel




by:
Sutherland Asbill Brennan LLP - Washington Office

 
July 16, 2014

Previously published on July 14, 2014

The Senate Finance Committee approved a bill to sustain the Highway Trust Fund into early 2015. The Preserving America’s Transit and Highways Act includes a provision to introduced by Senator Michael Bennet (D-Colo.), Senator Richard Burr (R-N.C.), and Senator Orrin Hatch (R-Utah) to allow liquefied natural gas (LNG) to be treated comparably with diesel fuel by requiring that LNG be taxed on energy output rather than per gallon rather than per gallon. The bill now moves to the full Senate for a vote.

 

The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance.
 

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