Top Legislation - View All
Latest Action: 01/04/2007 - Sponsor introductory remarks on measure. (CR S111) Bill TextA bill to amend the Internal Revenue Code of 1986 to provide that major oil and gas companies will not be eligible for the effective rate reductions enacted in 2004 for domestic manufacturers. 1/4/2007--Introduced. Restore a Rational Tax Rate on Petroleum Production Act of 2007 - Amends the Internal Revenue Code to deny a tax deduction in the case of any major integrated oil company for income attributable to the domestic production, refining, processing, transportation, or distribution of oil, natural gas, or any primary product thereof.
Latest Action: 01/12/2007 - Referred to the House Committee on Ways and Means. Bill TextTo amend the Internal Revenue Code of 1986 to provide that oil and gas companies will not be eligible for the effective rate reductions enacted in 2004 for domestic manufacturers. 1/12/2007--Introduced. Ending Subsidies for Big Oil Act of 2007- Amends the Internal Revenue Code to deny a tax deduction for income attributable to the sale, exchange, or other disposition of oil, natural gas, or any primary product thereof.
Also tagged in: Air pollution, Air pollution control, Alaska, Alcohol as fuel, Alternative energy sources, Automobile industry, Automobile tires, Automobiles, Biomass energy, Budgets, Business, Cellulose, Clean coal technology, Coal, Coastal zone, Congressional reporting requirements, Consumers, Continental shelf, Corporation taxes, Depletion allowances, Depreciation and amortization, Education, Electric appliances, Electric power production, Electric power transmission, Electric utilities, Electric vehicles, Energy, Energy conservation, Energy conservation in buildings, Energy efficiency, Energy research, Energy storage, Environmental assessment, Environmental protection, Environmental technology, Federal aid to education, Federal aid to research, Federal aid to transportation, Federal preemption, Fuel consumption, Gas in submerged lands, Gas industry, Geology, Geophysical prediction, Government vehicles, Grants-in-aid, Gulf of Mexico, Higher education, Hydrogen, Income tax, Labeling, Law, Licenses, Marine resources, Mass rapid transit, Natural gas vehicles, Nuclear facility decommissioning, Nuclear power plants, Oil and gas royalties, Petroleum in submerged lands, Petroleum industry, Pipelines, Research and development, Research grants, Secondary recovery of gas, Secondary recovery of oil, Solar energy, Standards, State and local government, State laws, Tax credits, Tax deductions, Tax incentives, Taxation, Technological innovations, Technology, Transportation, Trucks, Urban affairs, Urban transportation, Water conservation, Water resources, Water use, Wind power
Latest Action: 05/08/2007 - Referred to the Subcommittee on Energy and Environment. Bill TextTo improve the energy efficiency of the United States. 4/19/2007--Introduced. Energy For Our Future Act - Amends the Internal Revenue Code to: (1) repeal the limitation on the number of new qualified hybrid and advanced lean-burn technology vehicles eligible for the credit; (2) provide tax credits for manufacturers of fuel efficient motor vehicles; and (3) subject sports utility vehicles (SUVs) to the limitation on the depreciation of certain luxury automobiles. Sets forth a grant program for development of transit-oriented development corridors in urban areas.Amends federal transportation law to: (1) revise phased increases in automobile fuel economy standards; (2) set forth a national passenger car and light truck tire efficiency program; and (3) prescribe heavy duty vehicle fuel economy requirements.Amends the Energy Conservation and Production Act to double the appropriations authorized for weatherization assistance.Authorizes appropriations [...] show full description
Also tagged in: Business, Data banks, Department of Energy, Energy, Energy facilities, Executive departments, Federal Energy Regulatory Commission, Federal-state relations, Government information, Government paperwork, Government publicity, Independent regulatory commissions, Liquefied natural gas, Lobbying, Politics and government, State and local government, Technology
Latest Action: 04/26/2007 - Referred to the Subcommittee on Energy and Air Quality. Bill TextTo amend the Natural Gas Act to modify a provision relating to the siting, construction, expansion, and operation of liquefied natural gas terminals, and for other purposes. 4/25/2007--Introduced. Amends the Natural Gas Act to repeal the exclusive authority of the Federal Energy Regulatory Commission (FERC) to approve or deny an application for the siting, construction, expansion, and operation of liquefied natural gas (LNG) terminals. Predicates FERC approval or denial authority regarding such application upon the express concurrence of each state affected by the application. Directs FERC to: (1) require such application to identify each employee or agent engaged in activities to persuade communities of the benefits of the approval; and (2) maintain a publicly available database listing all such personnel.
Also tagged in: Administrative procedure, Business, Department of Energy, Electric power distribution, Electric utilities, Energy, Energy conservation, Energy efficiency, Executive departments, Fines (Penalties), Law, Natural gas
Latest Action: 09/20/2007 - Read twice and referred to the Committee on Energy and Natural Resources. Bill TextA bill to amend the Public Utility Regulatory Policies Act of 1978 to establish an energy efficiency resource standard for retail electricity and natural gas distributors. 9/20/2007--Introduced. Amends the Public Utility Regulatory Policies Act of 1978 to require the Secretary of Energy to promulgate regulations regarding: (1) the issuance of credits for electricity and natural gas savings; (2) a national credit trading system; and (3) a system for independent monitoring of the market for such credits. Requires retail electricity or natural gas distributors to submit annually to the Secretary: (1) for each of calendar years 2010-2020 a number of credits equal to specified percentages of the base quantity of electricity or natural gas they delivered to retail customers in the most recent year; and (2) for 2021 and thereafter a number of credits equal to a percentage of such base quantity as the Secretary may determine, but in no case less than the percentage for 2020.[...] show full description
Also tagged in: Actions and defenses, Administrative procedure, Agricultural pollution, Agricultural research, Agriculture, Air conditioning, Air pollution, Air pollution control, Airports, Alternative energy sources, Animals, Armed forces, Auctions, Automobile industry, Automobile repair, Biomass energy, Budgets, Building laws, Business, Carbon cycle, Carbon dioxide, Cellulose, Clean coal technology, Climate change, Coal, Coal mines and mining, Coastal zone, Colleges, Commercial aviation, Congress, Congressional reporting requirements, Cooperative societies, Coral reefs, Corporations, Defense policy, Diesel motor, Earned income tax credit, Economic impact statements, Economic policy, Ecosystem management, Electric appliances, Electric power distribution, Electric power plants, Electric utilities, Electric utility rates, Electric vehicles, Electronic benefits transfers, Emergency management, Emissions trading, Employee training, Endangered species, Energy, Energy conservation, Energy efficiency, Energy prices, Environmental law enforcement, Environmental protection, Environmental Protection Agency, Environmental research, Environmental technology, Estuaries, Executive departments, Executive reorganization, Federal aid to education, Federal aid to Indians, Finance, Fire fighters, Fire prevention, Fishery management, Flood control, Fluorocarbons, Foreign policy, Forest conservation, Forest fires, Forestry, Forestry research, Forests, Fuel cells, Fuel consumption, Geology, Geothermal resources, Government information, Government liability, Government paperwork, Government publicity, Government trust funds, Greenhouse gases, Habitat conservation, Hazardous substances, Heating, Higher education, Import restrictions, Income tax, Industrial buildings, Information disclosure (Securities law), Infrastructure, International affairs, International environmental cooperation, Investments, Job training, Labor, Labor statistics, Landfills, Law, Manufacturing industries, Marine ecology, Marine mammals, Marine pollution, Marine resources, Mercury, Methane, Minorities, Montana, Motor vehicle pollution control, National security, Natural gas, Natural resources, Negotiations, Nitrogen oxides, Nonprofit organizations, Ocean energy resources, Petroleum industry, Petroleum refineries, Pipelines, Potable water, Presidential powers, Presidents, Public lands, Recycling of waste products, Research centers, Rural affairs, Science policy, Scientific education, Social security, Social security taxes, Social services, Solar energy, Solid wastes, Standards, State and local government, State laws, Sulphur dioxide, Taxation, Technological innovations, Technology, Telecommunication, Tidal power, Trade, Transportation, Treaties, U.S. Agency for International Development, Water pollution, Water pollution control, Water quality, Water resources, Welfare, Wind power, Wyoming
Latest Action: 05/20/2008 - Committee on Environment and Public Works. Reported by Senator Boxer with an amendment in the nature of a substitute. With written report No. 110-337. Minority views filed. Bill TextA bill to direct the Administrator of the Environmental Protection Agency to establish a program to decrease emissions of greenhouse gases, and for other purposes. 10/18/2007--Introduced. America's Climate Security Act of 2007 - Requires the Administrator of the Environmental Protection Agency (EPA) to establish: (1) a greenhouse gas (GHG) registry; and (2) a GHG emission allowance transfer system for covered facilities, including specified facilities within the electric power and industrial sectors and facilities that produce or entities that import petroleum- or coal- based transportation fuel or chemicals. Sets forth emission allowances for 2012-2050, with a declining cap on GHGs.Provides for selling, exchanging, transferring, submitting, retiring, or borrowing emission allowances. Establishes: (1) a domestic offset program to sequester GHGs in agriculture and forests; and (2) the Bonus Allowance Account. Establishes the Carbon Market Efficiency Board, which [...] show full description
Also tagged in: Actions and defenses, Administrative procedure, Agricultural pollution, Agricultural research, Agriculture, Air conditioning, Air pollution, Air pollution control, Airports, Alternative energy sources, Animals, Armed forces, Auctions, Automobile industry, Automobile repair, Biomass energy, Budgets, Building laws, Business, Carbon cycle, Carbon dioxide, Cellulose, Clean coal technology, Climate change, Coal, Coal mines and mining, Coastal zone, Colleges, Commercial aviation, Congress, Congressional reporting requirements, Cooperative societies, Coral reefs, Corporations, Defense policy, Diesel motor, Earned income tax credit, Economic impact statements, Economic policy, Ecosystem management, Electric appliances, Electric power distribution, Electric power plants, Electric utilities, Electric utility rates, Electric vehicles, Electronic benefits transfers, Emergency management, Emissions trading, Employee training, Endangered species, Energy, Energy conservation, Energy efficiency, Energy prices, Environmental law enforcement, Environmental protection, Environmental Protection Agency, Environmental research, Environmental technology, Estuaries, Executive departments, Executive reorganization, Federal aid to education, Federal aid to Indians, Finance, Fire fighters, Fire prevention, Fishery management, Flood control, Fluorocarbons, Foreign policy, Forest conservation, Forest fires, Forestry, Forestry research, Forests, Fossil fuels, Fuel cells, Fuel consumption, Gas industry, Geology, Geothermal resources, Government information, Government liability, Government paperwork, Government publicity, Government trust funds, Greenhouse gases, Habitat conservation, Hazardous substances, Heating, Higher education, Import restrictions, Income tax, Industrial buildings, Information disclosure (Securities law), Infrastructure, International affairs, International environmental cooperation, Investments, Job training, Labor, Labor statistics, Landfills, Law, Manufacturing industries, Marine ecology, Marine mammals, Marine pollution, Marine resources, Mercury, Methane, Minorities, Montana, Motor vehicle pollution control, National security, Natural gas, Natural resources, Negotiations, Nitrogen oxides, Nonprofit organizations, Ocean energy resources, Petroleum industry, Petroleum refineries, Pipelines, Potable water, Presidential powers, Presidents, Public lands, Recycling of waste products, Research centers, Rural affairs, Science policy, Scientific education, Social security, Social security taxes, Social services, Solar energy, Solid wastes, Standards, State and local government, State laws, Sulphur dioxide, Taxation, Technological innovations, Technology, Telecommunication, Tidal power, Trade, Transportation, Treaties, U.S. Agency for International Development, Water pollution, Water pollution control, Water quality, Water resources, Welfare, Wind power, Wyoming
Latest Action: 07/08/2008 - Returned to the Calendar. Calendar No. 742. Bill TextA bill to direct the Administrator of the Environmental Protection Agency to establish a program to decrease emissions of greenhouse gases, and for other purposes. 5/20/2008--Introduced. Lieberman-Warner Climate Security Act of 2008 - Requires the Administrator of the Environmental Protection Agency (EPA) to establish: (1) a federal greenhouse gas (GHG) registry, for which certain facilities must report information regarding fossil fuels and GHGs produced and consumed; and (2) specified quantities of GHG emission allowances, which decline for each of 2012 to 2050. Requires the Administrator to establish a GHG emission allowance transfer system for the following: (1) facilities that use more than 5,000 tons of coal in a year; (2) facilities in the natural gas sector; (3) facilities that produce or entities that import petroleum- or coal-based fuel the combustion of which will emit group I GHGs; (4) facilities that produce or entities that import, in any year, more than [...] show full description
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Latest Legislation - View All
Also tagged in: Actions and defenses, Administrative procedure, Agricultural pollution, Agricultural research, Agriculture, Air conditioning, Air pollution, Air pollution control, Airports, Alternative energy sources, Animals, Armed forces, Auctions, Automobile industry, Automobile repair, Biomass energy, Budgets, Building laws, Business, Carbon cycle, Carbon dioxide, Cellulose, Clean coal technology, Climate change, Coal, Coal mines and mining, Coastal zone, Colleges, Commercial aviation, Congress, Congressional reporting requirements, Cooperative societies, Coral reefs, Corporations, Defense policy, Diesel motor, Earned income tax credit, Economic impact statements, Economic policy, Ecosystem management, Electric appliances, Electric power distribution, Electric power plants, Electric utilities, Electric utility rates, Electric vehicles, Electronic benefits transfers, Emergency management, Emissions trading, Employee training, Endangered species, Energy, Energy conservation, Energy efficiency, Energy prices, Environmental law enforcement, Environmental protection, Environmental Protection Agency, Environmental research, Environmental technology, Estuaries, Executive departments, Executive reorganization, Federal aid to education, Federal aid to Indians, Finance, Fire fighters, Fire prevention, Fishery management, Flood control, Fluorocarbons, Foreign policy, Forest conservation, Forest fires, Forestry, Forestry research, Forests, Fossil fuels, Fuel cells, Fuel consumption, Gas industry, Geology, Geothermal resources, Government information, Government liability, Government paperwork, Government publicity, Government trust funds, Greenhouse gases, Habitat conservation, Hazardous substances, Heating, Higher education, Import restrictions, Income tax, Industrial buildings, Information disclosure (Securities law), Infrastructure, International affairs, International environmental cooperation, Investments, Job training, Labor, Labor statistics, Landfills, Law, Manufacturing industries, Marine ecology, Marine mammals, Marine pollution, Marine resources, Mercury, Methane, Minorities, Montana, Motor vehicle pollution control, National security, Natural gas, Natural resources, Negotiations, Nitrogen oxides, Nonprofit organizations, Ocean energy resources, Petroleum industry, Petroleum refineries, Pipelines, Potable water, Presidential powers, Presidents, Public lands, Recycling of waste products, Research centers, Rural affairs, Science policy, Scientific education, Social security, Social security taxes, Social services, Solar energy, Solid wastes, Standards, State and local government, State laws, Sulphur dioxide, Taxation, Technological innovations, Technology, Telecommunication, Tidal power, Trade, Transportation, Treaties, U.S. Agency for International Development, Water pollution, Water pollution control, Water quality, Water resources, Welfare, Wind power, Wyoming
Latest Action: 07/08/2008 - Returned to the Calendar. Calendar No. 742. Bill TextA bill to direct the Administrator of the Environmental Protection Agency to establish a program to decrease emissions of greenhouse gases, and for other purposes. 5/20/2008--Introduced. Lieberman-Warner Climate Security Act of 2008 - Requires the Administrator of the Environmental Protection Agency (EPA) to establish: (1) a federal greenhouse gas (GHG) registry, for which certain facilities must report information regarding fossil fuels and GHGs produced and consumed; and (2) specified quantities of GHG emission allowances, which decline for each of 2012 to 2050. Requires the Administrator to establish a GHG emission allowance transfer system for the following: (1) facilities that use more than 5,000 tons of coal in a year; (2) facilities in the natural gas sector; (3) facilities that produce or entities that import petroleum- or coal-based fuel the combustion of which will emit group I GHGs; (4) facilities that produce or entities that import, in any year, more than [...] show full description
Also tagged in: Actions and defenses, Administrative procedure, Agricultural pollution, Agricultural research, Agriculture, Air conditioning, Air pollution, Air pollution control, Airports, Alternative energy sources, Animals, Armed forces, Auctions, Automobile industry, Automobile repair, Biomass energy, Budgets, Building laws, Business, Carbon cycle, Carbon dioxide, Cellulose, Clean coal technology, Climate change, Coal, Coal mines and mining, Coastal zone, Colleges, Commercial aviation, Congress, Congressional reporting requirements, Cooperative societies, Coral reefs, Corporations, Defense policy, Diesel motor, Earned income tax credit, Economic impact statements, Economic policy, Ecosystem management, Electric appliances, Electric power distribution, Electric power plants, Electric utilities, Electric utility rates, Electric vehicles, Electronic benefits transfers, Emergency management, Emissions trading, Employee training, Endangered species, Energy, Energy conservation, Energy efficiency, Energy prices, Environmental law enforcement, Environmental protection, Environmental Protection Agency, Environmental research, Environmental technology, Estuaries, Executive departments, Executive reorganization, Federal aid to education, Federal aid to Indians, Finance, Fire fighters, Fire prevention, Fishery management, Flood control, Fluorocarbons, Foreign policy, Forest conservation, Forest fires, Forestry, Forestry research, Forests, Fuel cells, Fuel consumption, Geology, Geothermal resources, Government information, Government liability, Government paperwork, Government publicity, Government trust funds, Greenhouse gases, Habitat conservation, Hazardous substances, Heating, Higher education, Import restrictions, Income tax, Industrial buildings, Information disclosure (Securities law), Infrastructure, International affairs, International environmental cooperation, Investments, Job training, Labor, Labor statistics, Landfills, Law, Manufacturing industries, Marine ecology, Marine mammals, Marine pollution, Marine resources, Mercury, Methane, Minorities, Montana, Motor vehicle pollution control, National security, Natural gas, Natural resources, Negotiations, Nitrogen oxides, Nonprofit organizations, Ocean energy resources, Petroleum industry, Petroleum refineries, Pipelines, Potable water, Presidential powers, Presidents, Public lands, Recycling of waste products, Research centers, Rural affairs, Science policy, Scientific education, Social security, Social security taxes, Social services, Solar energy, Solid wastes, Standards, State and local government, State laws, Sulphur dioxide, Taxation, Technological innovations, Technology, Telecommunication, Tidal power, Trade, Transportation, Treaties, U.S. Agency for International Development, Water pollution, Water pollution control, Water quality, Water resources, Welfare, Wind power, Wyoming
Latest Action: 05/20/2008 - Committee on Environment and Public Works. Reported by Senator Boxer with an amendment in the nature of a substitute. With written report No. 110-337. Minority views filed. Bill TextA bill to direct the Administrator of the Environmental Protection Agency to establish a program to decrease emissions of greenhouse gases, and for other purposes. 10/18/2007--Introduced. America's Climate Security Act of 2007 - Requires the Administrator of the Environmental Protection Agency (EPA) to establish: (1) a greenhouse gas (GHG) registry; and (2) a GHG emission allowance transfer system for covered facilities, including specified facilities within the electric power and industrial sectors and facilities that produce or entities that import petroleum- or coal- based transportation fuel or chemicals. Sets forth emission allowances for 2012-2050, with a declining cap on GHGs.Provides for selling, exchanging, transferring, submitting, retiring, or borrowing emission allowances. Establishes: (1) a domestic offset program to sequester GHGs in agriculture and forests; and (2) the Bonus Allowance Account. Establishes the Carbon Market Efficiency Board, which [...] show full description
Also tagged in: Administrative procedure, Business, Department of Energy, Electric power distribution, Electric utilities, Energy, Energy conservation, Energy efficiency, Executive departments, Fines (Penalties), Law, Natural gas
Latest Action: 09/20/2007 - Read twice and referred to the Committee on Energy and Natural Resources. Bill TextA bill to amend the Public Utility Regulatory Policies Act of 1978 to establish an energy efficiency resource standard for retail electricity and natural gas distributors. 9/20/2007--Introduced. Amends the Public Utility Regulatory Policies Act of 1978 to require the Secretary of Energy to promulgate regulations regarding: (1) the issuance of credits for electricity and natural gas savings; (2) a national credit trading system; and (3) a system for independent monitoring of the market for such credits. Requires retail electricity or natural gas distributors to submit annually to the Secretary: (1) for each of calendar years 2010-2020 a number of credits equal to specified percentages of the base quantity of electricity or natural gas they delivered to retail customers in the most recent year; and (2) for 2021 and thereafter a number of credits equal to a percentage of such base quantity as the Secretary may determine, but in no case less than the percentage for 2020.[...] show full description
Also tagged in: Business, Data banks, Department of Energy, Energy, Energy facilities, Executive departments, Federal Energy Regulatory Commission, Federal-state relations, Government information, Government paperwork, Government publicity, Independent regulatory commissions, Liquefied natural gas, Lobbying, Politics and government, State and local government, Technology
Latest Action: 04/26/2007 - Referred to the Subcommittee on Energy and Air Quality. Bill TextTo amend the Natural Gas Act to modify a provision relating to the siting, construction, expansion, and operation of liquefied natural gas terminals, and for other purposes. 4/25/2007--Introduced. Amends the Natural Gas Act to repeal the exclusive authority of the Federal Energy Regulatory Commission (FERC) to approve or deny an application for the siting, construction, expansion, and operation of liquefied natural gas (LNG) terminals. Predicates FERC approval or denial authority regarding such application upon the express concurrence of each state affected by the application. Directs FERC to: (1) require such application to identify each employee or agent engaged in activities to persuade communities of the benefits of the approval; and (2) maintain a publicly available database listing all such personnel.
Also tagged in: Air pollution, Air pollution control, Alaska, Alcohol as fuel, Alternative energy sources, Automobile industry, Automobile tires, Automobiles, Biomass energy, Budgets, Business, Cellulose, Clean coal technology, Coal, Coastal zone, Congressional reporting requirements, Consumers, Continental shelf, Corporation taxes, Depletion allowances, Depreciation and amortization, Education, Electric appliances, Electric power production, Electric power transmission, Electric utilities, Electric vehicles, Energy, Energy conservation, Energy conservation in buildings, Energy efficiency, Energy research, Energy storage, Environmental assessment, Environmental protection, Environmental technology, Federal aid to education, Federal aid to research, Federal aid to transportation, Federal preemption, Fuel consumption, Gas in submerged lands, Gas industry, Geology, Geophysical prediction, Government vehicles, Grants-in-aid, Gulf of Mexico, Higher education, Hydrogen, Income tax, Labeling, Law, Licenses, Marine resources, Mass rapid transit, Natural gas vehicles, Nuclear facility decommissioning, Nuclear power plants, Oil and gas royalties, Petroleum in submerged lands, Petroleum industry, Pipelines, Research and development, Research grants, Secondary recovery of gas, Secondary recovery of oil, Solar energy, Standards, State and local government, State laws, Tax credits, Tax deductions, Tax incentives, Taxation, Technological innovations, Technology, Transportation, Trucks, Urban affairs, Urban transportation, Water conservation, Water resources, Water use, Wind power
Latest Action: 05/08/2007 - Referred to the Subcommittee on Energy and Environment. Bill TextTo improve the energy efficiency of the United States. 4/19/2007--Introduced. Energy For Our Future Act - Amends the Internal Revenue Code to: (1) repeal the limitation on the number of new qualified hybrid and advanced lean-burn technology vehicles eligible for the credit; (2) provide tax credits for manufacturers of fuel efficient motor vehicles; and (3) subject sports utility vehicles (SUVs) to the limitation on the depreciation of certain luxury automobiles. Sets forth a grant program for development of transit-oriented development corridors in urban areas.Amends federal transportation law to: (1) revise phased increases in automobile fuel economy standards; (2) set forth a national passenger car and light truck tire efficiency program; and (3) prescribe heavy duty vehicle fuel economy requirements.Amends the Energy Conservation and Production Act to double the appropriations authorized for weatherization assistance.Authorizes appropriations [...] show full description
Latest Action: 01/12/2007 - Referred to the House Committee on Ways and Means. Bill TextTo amend the Internal Revenue Code of 1986 to provide that oil and gas companies will not be eligible for the effective rate reductions enacted in 2004 for domestic manufacturers. 1/12/2007--Introduced. Ending Subsidies for Big Oil Act of 2007- Amends the Internal Revenue Code to deny a tax deduction for income attributable to the sale, exchange, or other disposition of oil, natural gas, or any primary product thereof.
Latest Action: 01/04/2007 - Sponsor introductory remarks on measure. (CR S111) Bill TextA bill to amend the Internal Revenue Code of 1986 to provide that major oil and gas companies will not be eligible for the effective rate reductions enacted in 2004 for domestic manufacturers. 1/4/2007--Introduced. Restore a Rational Tax Rate on Petroleum Production Act of 2007 - Amends the Internal Revenue Code to deny a tax deduction in the case of any major integrated oil company for income attributable to the domestic production, refining, processing, transportation, or distribution of oil, natural gas, or any primary product thereof.
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