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- H.R.1967
H.R.1967: Gas Price Spike Act of 2001
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced May 23, 2001
- Latest Major Action May 24, 2001
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
18 (18 Democrats, 1 Independent Democrat)
Bill Summary
Gas Price Spike Act of 2001 - Amends the Internal Revenue Code to impose an excise tax on the sale of any crude oil, natural gas, or products thereof a tax equal to the applicable percentage of the windfall profit on such sale. Defines "applicable percentage."Establishes a credit for the purchase of U.S.- made fuel efficient passenger vehicles.Authorizes the Secretary of Transportation to make grants to the operator of a mass transit system to...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the Committee on Ways and Means, and in addition to the Committees on Transportation and Infrastructure, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Referred to House Ways and Means
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Referred to House Transportation and Infrastructure
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Referred to House Energy and Commerce
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Referred to the Subcommittee on Highways and Transit.
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May 23, 2001 |
Introduced in the House by Dennis J. Kucinich (D-Ohio) |