H.R. 786House113th Congress (2013-2015)In Committee

Tar Sands Tax Loophole Elimination Act

Sponsored by Edward J. MarkeyRep. Edward J. Markey (D-MA)+ 1 co-lead
Introduced February 15, 2013

Legislative Activity

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HouseIntro Referral Latest Action

Referred to the House Committee on Ways and Means.

February 15, 2013

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HouseIntro Referral

Introduced in House

February 15, 2013

HouseIntro Referral

Referred to the House Committee on Ways and Means.

February 15, 2013

Floor Debate

1 member

What members said about H.R. 786 on the floor

1 Democrat
Earl Blumenauer
Rep. Earl BlumenauerD-OR-3 · Apr 9, 2014

Mr. Speaker, I ask unanimous consent that I may hereafter be considered as the first sponsor of H.R. 786, a bill originally introduced by Representative Markey of Massachusetts, for the purposes of…

Bill Text

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Introduced in HouseIssued February 15, 2013

I

113th CONGRESS

1st Session

H. R. 786

IN THE HOUSE OF REPRESENTATIVES

February 15, 2013

Mr. Markey (for himself and Mr. Blumenauer) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to clarify that tar sands are crude oil for purposes of the Federal excise tax on petroleum.

1.

Short title

This Act may be cited as the Tar Sands Tax Loophole Elimination Act.

2.

Clarification of tar sands as crude oil for excise tax purposes

(a)

In general

Paragraph (1) of section 4612(a) of the Internal Revenue Code of 1986 is amended by striking and natural gasoline and inserting , natural gasoline, and tar sands.

(b)

Effective date

The amendments made by this section shall take effect on the date of the enactment of this Act.