Jeff, I am talking about the plastic piece on the end of the solenoid plunger. It will come loose from the solenoid stem and shut off the fuel flow through the carb, effectively killing the engine. But turning off the key will reseat the cap on the plunger stem.
Remove the fuel solenoid from the bottom of the carb, and pull on the cap on the end of the plunger stem and see if it easily slips off.
Remove the fuel solenoid from the bottom of the carb, and pull on the cap on the end of the plunger stem and see if it easily slips off.