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Latest Action: 11/18/2008 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 1118 under authority of the order of the Senate of 11/17/2008.

Bill Text
To advance the national security interests of the United States by reducing its dependency on oil through renewable and clean, alternative fuel technologies while building a bridge to the future through expanded access to Federal oil and natural gas resources, revising the relationship between the oil and gas industry and the consumers who own those resources and deserve a fair return from the development of publicly owned oil and gas, ending tax subsidies for large oil and gas companies, and facilitating energy efficiencies in the building, housing, and transportation sectors, and for other purposes. 9/15/2008--Introduced. Comprehensive American Energy Security and Consumer Protection Act - Prohibits oil and gas preleasing or leasing of any area of the Outer Continental Shelf that was not available for oil and gas leasing as of July 1, 2008, unless that action is expressly authorized by this Act or a statute enacted by Congress after the date of enactment of this Act. [...]

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Latest Action: 01/04/2007 - Read twice and referred to the Committee on Finance.

Bill Text
A bill to suspend royalty relief, to repeal certain provisions of the Energy Policy Act of 2005, and to amend the Internal Revenue Code of 1986 to repeal certain tax incentives for the oil and gas industry. 1/4/2007--Introduced. Oil Subsidy Elimination for New Strategies on Energy Act or the Oil SENSE Act - Repeals provisions of the Energy Policy Act of 2005 relating to: (1) incentives for production from marginal oil wells; (2) incentives for natural gas production in the Gulf of Mexico; (3) royalty relief for deep water production; (4) Alaska offshore royalty suspension; (5) the inventory of Outer Continental Shelf oil and natural gas resources; (6) management of federal oil and gas leasing programs; and (7) ultra-deepwater and unconventional natural gas and other petroleum resources. Requires the Secretary of the Interior to: (1) suspend royalty relief for producers of oil or natural gas on federal lands during periods in which oil and natural gas production is [...]

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Latest Action: 12/19/2007 - Became Public Law No: 110-140.

Bill Text
An Act to move the United States toward greater energy independence and security, to increase the production of clean renewable fuels, to protect consumers, to increase the efficiency of products, buildings, and vehicles, to promote research on and deploy greenhouse gas capture and storage options, and to improve the energy performance of the Federal Government, and for other purposes. 12/19/2007--Public Law.    (There are 3 other summaries) Energy Independence and Security Act of 2007 – Title I: Energy Security Through Improved Vehicle Fuel Economy - Subtitle A: Increased Corporate Average Fuel Economy Standards - Ten-in-Ten Fuel Economy Act - (Sec. 102) Amends federal transportation law to instruct the Secretary of Transportation (Secretary in this title) to prescribe separate average fuel economy standards for passenger and for non-passenger automobiles for model years 2011-2030. Repeals the current requirement that the average fuel economy [...]

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Latest Action: 05/17/2007 - Conference papers: Senate report and manager's statement and message on House action held at the desk in Senate.

Bill Text
An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2008 and including the appropriate budgetary levels for fiscal years 2007 and 2009 through 2012. 5/16/2007--Conference report filed in House.    (There are 4 other summaries) Sets forth the congressional budget for the federal government for FY2008, including the appropriate budgetary levels for FY2007 and FY2009-FY2012. Title I: Recommended Levels and Amounts - (Sec. 101) Lists recommended budgetary levels and amounts, for FY2007-FY2012, with respect to: (1) federal revenues; (2) new budget authority; (3) budget outlays; (4) deficits; (5) debt subject to limit; and (6) debt held by the public. (Sec. 102) Lists the appropriate levels of new budget authority, outlays, and administrative expenses for Social Security and specified major functional categories for FY2007-FY2012. Title II: Budget Process [...]

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Latest Action: 04/12/2007 - Committee on Foreign Relations. Reported by Senator Biden without amendment. With written report No. 110-54.

Bill Text
A bill to increase cooperation on energy issues between the United States Government and foreign governments and entities in order to secure the strategic and economic interests of the United States, and for other purposes. 4/12/2007--Reported to Senate without amendment.    (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Energy Diplomacy and Security Act of 2007 - Defines "major energy producer" and "major energy consumer." Expresses the sense of Congress respecting energy diplomacy and security. States that the Secretary of State should seek immediately to establish: (1) strategic energy partnerships with the governments of major energy producers and major energy consumers, and with governments of other countries; (2) petroleum crisis response mechanisms with the governments of China and India; [...]

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Latest Action: 05/22/2007 - Referred to the Subcommittee on Energy and Air Quality.

Bill Text
Expressing the sense of the Congress regarding the need for a nationwide diversified energy portfolio, and for other purposes.

5/22/2007--Introduced.

Expresses the sense of Congress that: (1) Congress and the Executive Branch should aggressively pursue development and rapid, commercial deployment of a diverse portfolio of new and existing energy technologies; (2) Congress should pursue development of policies to promote specified efficiency initiatives; (3) Congress should pursue policies that create a sustainable market for the commercial deployment of alternative and energy efficiency technologies; and (4) Congress, the Executive Branch, and state and local governments, as well as utilities and industry leaders, should be actively engaged in consumer education initiatives surrounding available approaches to energy diversity and efficiency.

Latest Action: 07/24/2007 - Committee on Environment and Public Works Subcommittee on Private Sector and Consumer Solutions to Global Warming and Wildlife Protection. Hearings held.

Bill Text
A bill to provide for a program to accelerate the reduction of greenhouse gas emissions in the United States by establishing a market-driven system of greenhouse gas tradeable allowances, to support the deployment of new climate change-related technologies, and to ensure benefits to consumers from the trading in such allowances, and for other purposes. 1/12/2007--Introduced. Climate Stewardship and Innovation Act of 2007 - Directs the Administrator of the Environmental Protection Agency (EPA) to establish and maintain the National Greenhouse Gas Database to collect, verify, and analyze information on greenhouse gas (GHG) emissions. Establishes a program for market-driven reduction of GHGs through the use of tradeable allowances. Requires certain covered entities that own or control a source of GHG emissions in the electric power, industrial, and commercial sectors of the U.S. economy to submit to the Administrator, beginning in 2012, one tradeable allowance for every [...]

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Latest Action: 01/18/2007 - Sponsor introductory remarks on measure. (CR S756-757)

Bill Text
A bill to provide grants from moneys collected from violations of the corporate average fuel economy program to be used to expand infrastructure necessary to increase the availability of alternative fuels. 1/18/2007--Introduced. Establishes the Energy Security Fund, to be funded by proceeds deposited in the general fund of the Treasury from fines, penalties, and other funds obtained through enforcement actions for violations of automobile fuel economy standards. Directs the Secretary of Energy, acting through the Clean Cities Program of the Department of Energy, to establish a program of grants to expand the availability of alternative fuels to consumers. Makes amounts in the Fund available to the Secretary for such grants. Declares eligible for assistance any entity that is eligible for assistance under the Clean Cities Program. Bars from such assistance: (1) large, vertically-integrated oil companies; and (2) any entity that receives other federal funds [...]

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Latest Action: 01/22/2007 - Read twice and referred to the Committee on Finance.

Bill Text
A bill to restore fairness in the provision of incentives for oil and gas production, and for other purposes. 1/22/2007--Introduced. Energy Fairness for America Act - Amends the Internal Revenue Code to terminate: (1) the tax deduction for oil and gas intangible drilling and development costs; (2) the percentage depletion allowance for oil and gas wells; and (3) the tax credit for enhanced oil recovery costs. Repeals provisions of the Energy Policy Act of 2005 relating to: (1) oil and gas royalties in-kind; (2) marginal property production incentives; (3) incentives for natural gas production in the Gulf of Mexico; (4) royalty suspension for deep water production; (5) the inventory of Outer Continental Shelf oil and natural gas resources; (6) Alaska offshore royalty suspension; (7) accelerated depreciation of electric transmission property, natural gas distribution lines, and natural gas gathering lines and expensing of liquid fuel refinery property; (8) the exemption [...]

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Latest Action: 03/20/2007 - Referred to the Subcommittee on Government Management, Organization, and Procurement.

Bill Text
To amend the Internal Revenue Code of 1986 to repeal the oil and gas tax subsidies enacted in the Energy Policy Act of 2005, and for other purposes.

1/16/2007--Introduced.

Energy Policy Reinvestment Act of 2007 - Amends the Internal Revenue Code to repeal: (1) the expensing allowance for liquid fuel refineries; (2) accelerated depreciation for natural gas distribution and gathering lines; (3) expanded eligibility of small petroleum refiners for the exception to limitations on the oil and gas depletion allowance; and (4) accelerated amortization of geological and geophysical expenditures. Directs that any revenues resulting from these repeals be made available for certain hydrogen and fuel cell technology programs.

Latest Legislation - View All

Latest Action: 09/24/2008 - Read twice and referred to the Committee on Finance.

Bill Text
A bill to amend the Internal Revenue Code of 1986 to provide a refundable credit against income tax to assist individuals with high residential energy costs, and for other purposes. 9/24/2008--Introduced. Home Energy Affordability Tax Relief Act of 2008 or the HEATR Act of 2008 - Amends the Internal Revenue Code to allow individual taxpayers an income-based refundable tax credit for residential energy costs. Limits such credit to the lesser of 33% of such costs or $500.Eliminates for major integrated oil companies: (1) the tax deduction for intangible drilling and development costs in taxable years in which the average price of crude oil is greater than $34.71 per barrel and the average price of natural gas is greater that $4.34 per 1,000 cubic feet; and (2) the tax credit for enhanced oil recovery costs in taxable years in which the average price of crude oil is greater than $34.71 per barrel. Denies such oil companies and certain producers or refiners of crude oil [...]

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Latest Action: 09/11/2008 - Sponsor introductory remarks on measure. (CR S8392)

Bill Text
A bill to amend the Internal Revenue Code of 1986 to provide incentives for the production of energy, to provide transportation and domestic fuel security, and to provide incentives for energy conservation and energy efficiency, and for other purposes. 9/11/2008--Introduced. Energy Independence and Investment Act of 2008 - Amends and extends Internal Revenue Code provisions relating to energy production, transportation and domestic fuel security, energy conservation and efficiency, and nuclear power.Extends through 2011 the tax credit for production of electricity from specified renewable resources, including wind energy, biomass, geothermal energy, refined coal, and hydropower. Includes marine and hydrokinetic renewable energy as a renewable resource for purposes of such tax credit. Extends through 2016 the energy tax credit for solar, fuel cell, and microturbine property and the tax credit for residential energy efficient property. Allows a new investment tax [...]

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