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Latest Update: Friday, January, 16th 2009
To develop American energy independence, lower gas prices, and open reliable national sources of energy. 6/9/2008--Introduced. $150 Barrel Energy Extortion Act of 2008 - Instructs the Secretary of the Treasury to prescribe certain income tax regulations relating to an election to expense certain refineries. Amends the Internal Revenue Code (IRC) to treat domestic use oil refinery facilities bonds as exempt facility bonds. Instructs the President to designate, and make available to the private sector, at least 10 federal sites for siting and construction of an oil refinery or natural gas refinery (or both). Amends the Energy Policy Act of 2005 to revise the terms and conditions under which the Secretary of Energy (Secretary) is authorized to guarantee obligations for innovative technologies. Revises requirements governing the Secretary's authority to enter into contracts with sponsors of an advanced nuclear facility. Directs the Secretary [...] show full description
- 06/11/2008 - Referred to the Subcommittee on Energy and Mineral Resources.
- 06/09/2008 - Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, Rules, and Natural Resources, 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.
- 06/09/2008 - Referred to House Energy and Commerce
- 06/09/2008 - Referred to House Ways and Means
- 06/09/2008 - Referred to House Rules
show all actions- 06/11/2008 - Referred to the Subcommittee on Energy and Mineral Resources.
- 06/09/2008 - Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, Rules, and Natural Resources, 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.
- 06/09/2008 - Referred to House Energy and Commerce
- 06/09/2008 - Referred to House Ways and Means
- 06/09/2008 - Referred to House Rules
- 06/09/2008 - Referred to House Natural Resources
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