HR 640 · 119th Congress

Chemical Tax Repeal Act

This bill would eliminate two federal excise taxes that currently apply to certain chemicals and chemical substances. Right now, the federal government collects taxes on specific taxable chemicals and substances as part of the Internal Revenue Code. This bill would completely remove those taxes, meaning manufacturer…

Sponsor

Van Duyne, Beth (R-Texas)

Introduced

2025-01-22

Policy area

Taxation

Latest action

Referred to the House Committee on Ways and Means.