Ethylene is Essential for Chemistry and Manufacturing Act
This bill removes ethylene from the list of taxable chemicals for purposes the environmental excise tax.
To amend the Internal Revenue Code of 1986 to exclude ethylene from 
                taxation under the Superfund excise tax.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Ethylene is Essential for Chemistry 
and Manufacturing Act''.

SEC. 2. EXCLUDING ETHYLENE FROM TAXATION UNDER SUPERFUND EXCISE TAX.

    (a) In General.--The table contained in section 4661(b) of the 
Internal Revenue Code of 1986 is amended by striking the row relating 
to ethylene.
    (b) Effective Date.--The amendment made by this section shall take 
effect on July 1, 2022.
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Ethylene is Essential for Chemistry and Manufacturing Act
To amend the Internal Revenue Code of 1986 to exclude ethylene from taxation under the Superfund excise tax.
Ethylene is Essential for Chemistry and Manufacturing Act
Rep. Moolenaar, John R.