US HB1482 | 2009-2010 | 111th Congress
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on March 12 2009 - 25% progression, died in committee
Action: 2009-03-12 - Referred to House Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 12 2009 - 25% progression, died in committee
Action: 2009-03-12 - Referred to House Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Consumer Reasonable Energy Price Protection Act of 2009 - Amends the Internal Revenue Code to impose a windfall profit tax on crude oil, natural gas, or fuel which is the product of crude oil or natural gas. Defines "windfall profit" as so much of the profit as exceeds a reasonable profit. Establishes a Reasonable Profits Board to determine reasonable profit. Dedicates the proceeds of such tax to the low-income home energy assistance program.
Title
Consumer Reasonable Energy Price Protection Act of 2009
Sponsors
| Rep. Paul Kanjorski [D-PA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-03-12 | Referred to House Appropriations | |
| 2009-03-12 | Referred to House Ways and Means | |
| 2009-03-12 | Referred to the Committee on Ways and Means, and in addition to the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. |
Subjects
Energy assistance for the poor and aged
Energy revenues and royalties
Oil and gas
Sales and excise taxes
Taxation
Energy revenues and royalties
Oil and gas
Sales and excise taxes
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/house-bill/1482/all-info |
| Text | https://www.congress.gov/111/bills/hr1482/BILLS-111hr1482ih.pdf |
