H.R. 5553 · 116th Congress
Crude by Rail Volatility Standard Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
GaramendiSponsor4 cosponsors · 4 D
4 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill establishes a maximum volatility standard for crude oil.
What it does: CRS summary · Introduced in House · Jan 8, 2020
Crude by Rail Volatility Standard Act
This bill establishes a maximum volatility standard for crude oil.
Specifically, the bill
- prohibits the transportation by rail of crude oil with Reid vapor pressure (a measure of gasoline's volatility) of more than 9.5 pounds per square inch (the maximum volatility set by the New York Mercantile Exchange for crude oil futures contracts), and
- directs the Pipeline and Hazardous Materials Safety Administration to finalize a rule setting a maximum volatility standard for crude oil and other hazardous materials transported by rail.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Crude by Rail Volatility Standard Act
Latest action (Jan 9, 2020): Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Policy area: Transportation and Public Works · Origin: House · Introduced: Jan 8, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.