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- S.752
S.752: Tar Sands Tax Loophole Elimination Act
About This Bill
- Introduced March 28, 2017
- Latest Major Action March 28, 2017
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
2 (1 Democrat, 1 Independent Democrat)
Bill Version
- Introduced in Senate - March 28, 2017
Bill Summary
Tar Sands Tax Loophole Elimination Act This bill amends the Internal Revenue Code to expand the definition of "crude oil" for purposes of the excise tax on petroleum and petroleum products to include any bitumen or bituminous mixture, any oil derived from a bitumen or bituminous mixture (tar sands), and any oil derived from kerogen-bearing sources (oil shale). The bill also authorizes the Department of the Treasury to classify as crude oil or...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 28, 2017 |
Read twice and referred to the Committee on Finance.
|
| March 28, 2017 |
Introduced in the Senate by Edward J. Markey (D-Mass.) |