The Maritime Fuel Tax Parity Act would extend a federal fuel tax exemption to certain vessels that operate exclusively along either the Atlantic or Pacific coast of the United States. Currently, the excise tax exemption on alternative motorboat fuels applies only to vessels engaged in trade between multiple coasts, but this bill would expand it to include single-coast operators that meet specific criteria under the tax code. The change would benefit maritime businesses operating regional shipping routes while generating less federal tax revenue from fuel purchases. The exemption would take effect for fuel sold or used after December 31, 2025. The bill was introduced by Senators Murkowski, Hirono, and Sullivan and referred to the Senate Finance Committee.
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