H.R.6338: Managed Carbon Price Act of 2012

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about taxation
  • Introduced Aug. 2, 2012
  • Latest Major Action Aug. 3, 2012

Bill Summary

Managed Carbon Price Act of 2012 - Amends the Internal Revenue Code to require covered persons (i.e., U.S. coal producers, oil refinery operators, first sellers of natural gas, and producers of other greenhouse gas [GHG] emission substances and importers of any GHG emission substance) to purchase a federal emission permit from the Secretary of the Treasury for the sale, combustion, or other use of such a substance. Exempts from such...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on Ways and Means, and in addition to the Committee on 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 Energy and Commerce
Referred to the Subcommittee on Energy and Power.
Aug. 2, 2012

Introduced in the House by Jim McDermott (D-Wash.)

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