US SB2117 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on October 1 2015 - 25% progression, died in committee
Action: 2015-10-01 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7103-7104)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 1 2015 - 25% progression, died in committee
Action: 2015-10-01 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7103-7104)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to prevent certain discriminatory taxation of natural gas pipeline property. This bill prohibits states, political subdivisions, and any other taxing authority from: (1) assessing natural gas pipeline property at a value that has a higher ratio to its true market value than the ratio used to assess other commercial and industrial property in the same assessment jurisdiction, (2) levying or collecting a tax on such an assessment, (3) levying or collecting an ad valorem property tax on natural gas pipeline property at a rate that exceeds the rate applicable to other commercial and industrial property in the same assessment jurisdiction, or (4) imposing any other tax that discriminates against a natural gas pipeline providing transportation or storage subject to the jurisdiction of the Federal Energy Regulatory Commission. The bill: (1) grants jurisdiction to U.S. district courts to prevent violations of this Act, and (2) sets forth criteria governing relief for claims relating to violations of this Act.
Title
A bill to prevent certain discriminatory taxation of natural gas pipeline property.
Sponsors
Sen. John Cornyn [R-TX] |
History
Date | Chamber | Action |
---|---|---|
2015-10-01 | Senate | Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7103-7104) |
Same As/Similar To
HB3663 (Related) 2015-11-03 - Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Subjects
Civil actions and liability
Federal district courts
Government liability
Industrial facilities
Intergovernmental relations
Jurisdiction and venue
Oil and gas
Pipelines
Property tax
State and local taxation
Taxation
Federal district courts
Government liability
Industrial facilities
Intergovernmental relations
Jurisdiction and venue
Oil and gas
Pipelines
Property tax
State and local taxation
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/senate-bill/2117/all-info |
Text | https://www.congress.gov/114/bills/s2117/BILLS-114s2117is.pdf |