Bill · H.R. 2925· House(119-HR-2925)
Maritime Fuel Tax Parity Act
- Introduced
- 4/17/2025
- Last activity
- 4/17/2025 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Aaron Bean
- Cosponsors
- - 6 - 4
- Introduced
- In Committee
What this bill would do
This bill, titled the "Maritime Fuel Tax Parity Act," seeks to amend the Internal Revenue Code of 1986. It aims to extend an existing exemption from the excise tax on alternative motorboat fuels. This extension would apply to certain vessels that are engaged in trade between Atlantic or Pacific ports of the United States, including any territory or possession. The changes would apply to sales occurring after December 31, 2023.
Yes· 3 of 9
Does this cut taxes for small businesses?+3
The bill provides tax relief for maritime businesses by extending excise tax exemptions on alternative fuels.
Does this make it easier to run a small business?+3
The bill lowers operational costs for specific maritime-related businesses.
Would business owners be better off under this?+3
The tax exemption directly benefits maritime-related business owners.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Tax Exemption for Specific Maritime Trade: The bill extends the exemption from the excise tax on alternative motorboat fuels to vessels engaged in trade between Atlantic or Pacific ports (Section 2(a)). This could provide a financial benefit to those operating such vessels.
Potential Negative Impacts for People
- No negative impacts are explicitly mentioned in the text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Small Business Support+3Reduces Small Business Taxes+3Improves Economic Growth+1Increases Job Creation+1
- Demographic And Interest Groups
- Good For Business Owners+3
- Environment Energy And Infrastructure
- Increases Renewable Energy Investment+2Reduces Carbon Emissions+1
- Governance And Ideology
- Improves Interstate Commerce+2
- National Security And Foreign Policy
- Improves International Trade+1
- 4/30/2026
- 1 Cosponsor added.
- 1/9/2026
- 3 Cosponsors added.
- 10/14/2025
- 1 Cosponsor added.
- 9/16/2025
- 1 Cosponsor added.
- 4/17/2025
- Referred to the House Committee on Ways and Means.
- 4 Cosponsors added.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Vern BuchananRepublican · Florida
Brendan BoyleDemocrat · Pennsylvania
Nicholas BegichRepublican · Alaska
Randy FineRepublican · Florida
John GaramendiDemocrat · California
Mike HaridopolosRepublican · Florida
John RutherfordRepublican · Florida
Linda SánchezDemocrat · California
W. SteubeRepublican · Florida
Jill TokudaDemocrat · Hawaii