Allow for Payments to Certain Individuals Who Dye Fuel
Section 70525 · Sec. 70525 ·
What this chapter is about
This part pays back fuel tax to someone who dyes diesel or kerosene. The fuel must already have borne the tax. It must also be exempt once dyed. It starts 180 days after this law passed.
The document says “shall”Who acts: Secretary of the TreasuryHow: statuteSec. 70525 in the PDF
What the document says
“then the Secretary shall pay to such person an amount (without interest) equal to the tax described in subsection (b)(2)(A) with respect to such diesel fuel or kerosene.”
The section adds a new section 6435 to the Internal Revenue Code of 1986 requiring the Secretary, where a person shows to the Secretary's satisfaction that the requirements are met for diesel fuel or kerosene, to pay that person an amount without interest equal to the tax already paid on it.
What the document actually says
“then the Secretary shall pay to such person an amount (without interest) equal to the tax described in subsection (b)(2)(A) with respect to such diesel fuel or kerosene.”
That sentence, in plain words
The Secretary must pay the person back. The sum equals the tax already paid on that fuel. No interest is added.
What this is about
The person must first show the tests are met. The next rule sets those tests. They cover dyed diesel and kerosene.
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“The term `eligible indelibly dyed diesel fuel or kerosene' means diesel fuel or kerosene--”
The section defines eligible indelibly dyed diesel fuel or kerosene as fuel on which a tax under section 4081 of the Internal Revenue Code of 1986 was previously paid and not credited or refunded, and which is exempt from taxation under section 4082(a). A person meets the requirements where the person removes such fuel from a terminal. A cross reference points to the civil penalty for excessive claims in section 6675.
What the document actually says
“The term `eligible indelibly dyed diesel fuel or kerosene' means diesel fuel or kerosene--”
That sentence, in plain words
The term covers diesel fuel and kerosene. The two tests that follow say which.
What this is about
The tax must already have been paid on it. It must not have been refunded. Once dyed the fuel must be free of tax.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
The document says “shall apply”Who acts: Secretary of the TreasuryHow: statuteSec. 70525 in the PDF
What the document says
“The amendments made by this section shall apply to eligible indelibly dyed diesel fuel or kerosene removed on or after the date that is 180 days after the date of the enactment of this section.”
The section applies its amendments to eligible indelibly dyed diesel fuel or kerosene removed on or after the date 180 days after enactment.
What the document actually says
“The amendments made by this section shall apply to eligible indelibly dyed diesel fuel or kerosene removed on or after the date that is 180 days after the date of the enactment of this section.”
That sentence, in plain words
The changes reach fuel taken out on or after a set day. That day falls 180 days after this law passed.
What this is about
Fuel taken out earlier is left out. The old rules still hold for it. The clock starts the day this law passed.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
Each distinct thing the new section does: require the payment, set the requirements and define eligible indelibly dyed fuel, point to the penalty for an excessive claim, and fix the effective date.
The conforming amendments carrying the new section into the assessment, refund and penalty provisions, and the clerical amendment.
The section adds a section to the Internal Revenue Code of 1986 and points to sections 4081, 4082, 6206, 6430 and 6675 of that Code, none of which is indexed here.
