H. R. 5758: This Act may be cited as the Windfall Profit Tax and Deficit Reduction Act of 1990, introduced in the House of Representatives, One Hundred First Congress, Second Session, September 30, 1990
Book
·
OSTI ID:5431973
H.R. 5758 would amend the Internal Revenue Code of 1986 to reinstate the windfall profit tax on domestic crude oil. The base price would be the average price per barrel of taxable crude oil during the 4-month period ending on July 31, 1990. Taxable crude oil is defined as is the applicability of this law to futures contracts on taxable crude oil. This bill also creates a Low Income Energy Support Trust Fund which would receive 50 percent of the taxes received. The bill also explains what expenditures could be made from the Trust Fund: weatherization programs and grants under the Low Income Home Energy Assistance Act.
- OSTI ID:
- 5431973
- Country of Publication:
- United States
- Language:
- English
Similar Records
H. R. 5734: This Act may be cited as the Petroleum Producers Burden Sharing Act of 1990, introduced in the House of Representatives, One Hundred First Congress, Second Session, September 27, 1990
H. R. 295: This Act may be cited as the Petroleum Producers Burden Sharing Act, introduced in the House of Representatives, One Hundred Second Congress, First Session, January 3, 1991
H. R. 460: A Bill to amend the Internal Revenue Code of 1986 to reinstate the windfall profit tax on domestic crude oil and to appropriate the proceeds of the tax to the Resolution Trust Corporation, introduced in the House of Representatives, One Hundred Second Congress, First Session, January 7, 1991
Book
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Sun Dec 31 23:00:00 EST 1989
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OSTI ID:5580043
H. R. 295: This Act may be cited as the Petroleum Producers Burden Sharing Act, introduced in the House of Representatives, One Hundred Second Congress, First Session, January 3, 1991
Book
·
Mon Dec 31 23:00:00 EST 1990
·
OSTI ID:5089099
H. R. 460: A Bill to amend the Internal Revenue Code of 1986 to reinstate the windfall profit tax on domestic crude oil and to appropriate the proceeds of the tax to the Resolution Trust Corporation, introduced in the House of Representatives, One Hundred Second Congress, First Session, January 7, 1991
Book
·
Mon Dec 31 23:00:00 EST 1990
·
OSTI ID:5143832
Related Subjects
02 PETROLEUM
021000* -- Petroleum-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
294002 -- Energy Planning & Policy-- Petroleum
AMENDMENTS
CONTRACTS
ENERGY CONSERVATION
ENERGY SOURCES
EXPLORATION
FOSSIL FUELS
FUELS
HUMAN POPULATIONS
IMPLEMENTATION
LAWS
LEGISLATIVE TEXT
LOW INCOME GROUPS
MINORITY GROUPS
OIL WELLS
PETROLEUM
POPULATIONS
TAX LAWS
TAXES
WEATHERIZATION
WELLS
WINDFALL PROFITS TAX
021000* -- Petroleum-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
294002 -- Energy Planning & Policy-- Petroleum
AMENDMENTS
CONTRACTS
ENERGY CONSERVATION
ENERGY SOURCES
EXPLORATION
FOSSIL FUELS
FUELS
HUMAN POPULATIONS
IMPLEMENTATION
LAWS
LEGISLATIVE TEXT
LOW INCOME GROUPS
MINORITY GROUPS
OIL WELLS
PETROLEUM
POPULATIONS
TAX LAWS
TAXES
WEATHERIZATION
WELLS
WINDFALL PROFITS TAX