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Federal Excise Tax

U.S. House Panel Approves Bill to Block Use of E15

WASHINGTON – The U.S. House of Representatives Committee on Science, Space, and Technology approved a bill that requires the EPA to further study gasoline blends with 15% ethanol (E15) before approving it for consumer use.

EPA Names Idle-Reduction Systems Eligible for Federal Excise Tax Exemptions

Last year, the U.S. Congress granted an exemption from the 12-percent federal excise tax for truck idle reduction systems. Recently, the Environmental Protection Agency (EPA) released a list of approved idle reduction systems eligible for the federal excise tax exemption. The exemption applies to sales and installation of these systems since Oct. 4, 2008.

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