US SB3343 | 2009-2010 | 111th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 11 2010 - 25% progression, died in chamber
Action: 2010-05-11 - Read twice and referred to the Committee on Energy and Natural Resources.
Text: Latest bill text (Introduced) [PDF]

Summary

Beyond Petroleum Act - Directs the Secretary of the Interior to establish an annual fee of $10 per acre for federal offshore areas subject to a lease for production of oil or natural gas as of May 1, 2010. Establishes in the Treasury the Oil Dependence Reduction Fund, to be jointly administered by the Administrator of the Environmental Protection Agency (EPA), the Secretary of Energy (DOE), and the Secretary of Transportation (DOT), for research, development, deployment, or expansion of renewable technologies or programs that significantly: (1) decrease the use of oil; and (2) reduce greenhouse gas emissions.

Tracking Information

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Title

Beyond Petroleum Act

Sponsors


History

DateChamberAction
2010-05-11 Read twice and referred to the Committee on Energy and Natural Resources.

Subjects


US Congress State Sources


Bill Comments

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