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- S.683
S.683: Tar Sands Tax Loophole Elimination Act
About This Bill
- Introduced March 10, 2021
- Latest Major Action March 10, 2021
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (3 Democrats, 1 Independent Democrat)
Bill Version
- Introduced in Senate - March 10, 2021
Bill Summary
Tar Sands Tax Loophole Elimination Act This bill expands 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 as a petroleum product subject to...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 10, 2021 |
Read twice and referred to the Committee on Finance.
|
| March 10, 2021 |
Introduced in the Senate by Edward J. Markey (D-Mass.) |