H.R.1967: Gas Price Spike Act of 2001

About This Bill

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
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.
Referred to House Ways and Means
Referred to House Transportation and Infrastructure
Referred to House Energy and Commerce
Referred to the Subcommittee on Highways and Transit.
May 23, 2001

Introduced in the House by Dennis J. Kucinich (D-Ohio)

Close Comment Creative Commons Donate Email Facebook Mobile Phone Podcast Print Google News logo Google_NewsInitiative_Lockup_FullColor RSS Search Search Twitter WhatsApp Resolving differences Check Building Arrow right Info circle Oops OOPS Pencil File text Bars Search Close Cogs Filter Compare Revolving Door Info card Activity Member menu Globe Document External link Quote News Calendar No Vote
Current site Current page