H.R.3784: Gas Price Spike Act of 2012

About This Bill

Bill Summary

Gas Price Spike Act of 2012 - Amends the Internal Revenue Code to: (1) impose an excise tax on the windfall profit from the sale of any crude oil, natural gas, or fuel which is the product of crude oil or natural gas; and (2) allow a tax credit for the purchase of certain fuel-efficient automobiles assembled in the United States by individuals employed under a collective bargaining agreement. Defines "windfall profit" as so much of the profit...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, 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 the Subcommittee on Highways and Transit.
Jan. 18, 2012

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

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