H.R. 1482 · 111th Congress
Consumer Reasonable Energy Price Protection Act of 2009
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
KanjorskiSponsorNo cosponsors.
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.
What it does: CRS summary · Introduced in House · Mar 12, 2009
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Consumer Reasonable Energy Price Protection Act of 2009
Latest action (Mar 12, 2009): Referred to House Appropriations
Policy area: Taxation · Origin: House · Introduced: Mar 12, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.