Summary: H.R.3881 — 100th Congress (1987-1988)All Information (Except Text)

There is one summary for H.R.3881. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (01/28/1988)

Amends the Internal Revenue Code to declare the excise tax on diesel fuel inapplicable in connection with sales of the fuel for use on a farm for farming purposes. (Although fuel sold for these purposes is tax-exempt under current law, provisions of the Revenue Act of 1987 require purchasers to pay the tax and subsequently apply for a refund based on nontaxable uses of the fuel.)