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- S.2991
S.2991: Consumer-First Energy Act of 2008
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about congress
- Introduced May 7, 2008
- Latest Major Action May 12, 2008
Bill Sponsor
Bill Cosponsors
24 (24 Democrats, 1 Independent Democrat)
Bill Summary
Consumer-First Energy Act of 2008 - Amends the Internal Revenue Code to: (1) deny major integrated oil companies (i.e., companies producing at least 500,000 barrels of crude oil daily) a tax deduction for income attributable to domestic production of oil, gas, or primary products thereof; (2) conform tax treatment of foreign oil and gas extraction income and foreign oil related income for purposes of the foreign tax credit; (3) impose a...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
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Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
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Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 728.
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Sponsor introductory remarks on measure.
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| May 7, 2008 |
Introduced in the Senate by Harry Reid (D-Nev.) |