I.R.C. § 6720A(a) In General
Any person who knowingly transfers for resale, sells for resale, or holds out for
resale any liquid for use in a diesel-powered highway vehicle or a diesel-powered
train which does not meet applicable EPA regulations (as defined in section 45H(c)(3)), shall pay a penalty of $10,000 for each such transfer, sale, or holding out for
resale, in addition to the tax on such liquid (if any).
I.R.C. § 6720A(b) Penalty In The Case Of Retailers
Any person who knowingly holds out for sale (other than for resale) any liquid described
in subsection (a), shall pay a penalty of $10,000 for each such holding out for sale,
in addition to the tax on such liquid (if any).
(Added by Pub. L. 109-59, title XI, Sec. 11167(a), Aug. 10, 2005, 119 Stat. 1144.)
Effective for any transfer, sale, or holding out for sale or resale occurring after
the date of the enactment of this Act [Enacted: Aug. 10, 2005].