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351 records in US in 2008
United States · United States Congress · 10 June 2008
Green Jobs Improvement Act - Amends the Workforce Investment Act of 1998 to make nonunion training programs eligible for federal funding under the energy efficiency and renewable energy worker training program (Green Jobs program). Applies certain worker protections and nondiscrimination requirements to such programs.
United States · United States Congress · 10 June 2008
Impeaches President George W. Bush for high crimes and misdemeanors. Sets forth articles of impeachment stating that President Bush, in violation of his oath of office: (1) illegally spent public dollars on a secret propaganda program to manufacture a false cause for war against Iraq; (2) misused intelligence reports to deceive Congress and the public about a connection between Saddam Hussein and al Qaeda and the the terrorist attacks of September 11, 2001; (3) mislead Congress and the public into believing that Iraq possessed weapons of mass destruction and posed an imminent threat to the United States; (4) illegally misspent funds to begin a war in secret prior to congressional authorization; (5) invaded Iraq in violation of U.S. law, the United Nations Charter, and international criminal law and failed to obtain a declaration of war; (6) failed to protect U.S. troops in Iraq by not providing them with body and vehicle armor and promoted false stories about the deaths and injuries of members of the U.S. military; (7) used public funds to construct permanent U.S. military bases in Iraq; (8) invaded Iraq to obtain control of its oil resources; (9) created a secret task force to guide U.S. energy and military policy in usurpation of the role of Congress in legislating such policy; (10) misused classified intelligence information and conspired to identify a covert agent of the Central Intelligence Agency (CIA); (11) established policies granting U.S. government contractors in Iraq immunity from prosecution; (12) recklessly misspent public dollars on private contractors in Iraq; (13) detained U.S. citizens and foreign captives indefinitely and without charge; (14) authorized torture of captives in Afghanistan and Iraq; (15) kidnapped and transported individuals to countries known to practice torture; (16) authorized the arrest and detention of at least 2,500 children as enemy combatants in violation of the Geneva Convention; (17) mislead Congress and the public about threats from Iran; (18) created secret laws through the issuance of legal opinions by the Department of Justice and violated the Posse Comitatus Act; (19) authorized warrantless electronic surveillance of U.S. citizens; (20) directed telecommunication companies to create databases of the private telephone numbers and emails of U.S. citizens; (21) used signing statements to claim the right to violate laws enacted by Congress; (22) failed to comply with congressional subpoenas and instructed former executive branch employees not to comply with such subpoenas; (23) tampered with the conduct of free and fair elections and corrupted the administration of justice; (24) conspired to violate the voting rights of U.S. citizens; (25) pursued policies calculated to destroy the Medicare program; (26) failed to prepare for the predictable disasters caused by Hurricane Katrina; (27) mislead Congress and the public in an effort to undermine efforts to address global climate change; and (28) failed to take proper steps to protect the United States against the terrorist attacks of September 11, 2001, obstructed investigations into such attacks, and recklessly endangered the health of first responders near the site of such attacks.
United States · United States Congress · 10 June 2008
Elects named Majority Members to the House Committees on: (1) Agriculture; (2) Energy and Commerce; (3) Financial Services; (4) Science and Technology; and (5) Veterans' Affairs.
United States · United States Congress · 9 June 2008
Requires the Secretary of Energy to make loan guarantees for renovation projects that: (1) are eligible under the Energy Policy Act of 2005 guarantee program as projects that avoid, reduce, or sequester air pollutants or greenhouse gases and employ new or significantly improved technologies; and (2) will result in a building achieving the United States Green Building Council Leadership in Energy and Environmental Design certified level or meeting a comparable standard approved by the Secretary. Prohibits such guarantees unless: (1) an appropriation for the cost has been made or the Secretary has received from the borrower and deposited into the Treasury a payment in full for the cost of the obligation; or (2) the Secretary determines that there is a reasonable prospect of repayment of the principal and interest on the obligation by the borrower. Limits the amount of loans that may be guaranteed at any one time to no more than $100 million. Sets forth provisions concerning: (1) the terms of obligations; (2) payments by the Secretary to the holders of the obligation for the borrower; and (3) actions by the Attorney General to recover unpaid principal and interest from a defaulting borrower.
United States · United States Congress · 9 June 2008
$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 to carry out a Nuclear Power 2010 Program to position the nation to start construction of new nuclear power plants as close to 2010 as achievable. Establishes an Interagency Working Group to make recommendations to coordinate federal actions and programs to promote increasing domestic manufacturing capacity and export of domestic nuclear energy products and services. Amends the IRC to allow tax credits for: (1) investment in a qualifying nuclear power manufacturing project or equipment; and (2) nuclear power facility construction. Instruct the Secretary of Labor to promulgate regulations to implement a training program to meet the demand for a nuclear energy workforce. Instructs the Secretary to establish a National Nuclear Energy Council. Authorizes the Secretary to initiate temporary spent nuclear fuel storage agreements. Declares that no consideration of the public health and safety, common defense and security, or environmental impacts of the storage of high-level radioactive waste and spent nuclear fuel generated in reactors licensed by the Nuclear Regulatory Commission (NRC) is required in connection with development, construction, and operation of a civilian nuclear power reactor or any facility for the treatment or storage of spent nuclear fuel or high-level radioactive waste. Amends the IRC to: (1) apply the tax credit for producing fuel from nonconventional sources to gas produced onshore from formations more than 15,000 feet deep; and (2) allow a tax credit for carbon dioxide captured from industrial sources and used as a tertiary injectant in enhanced oil and natural gas recovery. Terminates all laws prohibiting expenditures for oil and natural gas leasing and preleasing activities for areas of the outer Continental Shelf. American-Made Energy and Good Jobs Act - Provides for: (1) a competitive leasing program for the exploration, development, and production of oil and gas on the Alaskan Coastal Plain; (2) distribution of federal and state revenues from federal oil and gas leasing and operations; (3) rights-of-way and easements across the Coastal Plain for oil and gas transportation; and (4) financial assistance for local government impact aid and community service assistance.
United States · United States Congress · 9 June 2008
Oil Shale Opportunity Act of 2008 - Directs the President to limit the application of law as necessary to expedite the exploration and production of oil and gas from oil shale and tar sands, including, but not limited to, the issuance of any federal permit. Grants U.S. district courts exclusive jurisdiction to hear all causes or claims arising from any action undertaken, or any decision made, by the President pursuant to this Act. Declares that one half of royalties due to the federal government from production under this Act shall be dedicated to fund private grants for: (1) research and development to limit or capture carbon emissions from the combustion of fossil fuels; (2) alternative fuels; and (3) energy efficiency.
United States · United States Congress · 6 June 2008
Alternative Minimum Tax and Extenders Tax Relief Act of 2008 - Amends the Internal Revenue Code to extend expiring provisions relating to the alternative minimum tax, individual and business taxpayers, energy conservation, and tax administration. Extends through 2008 for individual taxpayers: (1) the offset of nonrefundable personal tax credits against regular and alternative minimum tax (AMT) liabilities; and (2) the increased AMT exemption amounts. Extends through 2009: (1) the election to deduct state and local sales taxes in lieu of state and local income taxes; (2) the tax deductions for qualified tuition and related expenses and for certain expenses of elementary and secondary school teachers; (3) tax-free distributions from individual retirement accounts (IRAs) for charitable purposes; and (4) tax rules for treatment of stock and dividends of regulated investment companies and for qualified investment entities. Extends through 2009 various business-related tax provisions, including: (1) the tax credit for increasing research activities; (2) the new markets tax credit; (3) the subpart F income exemption for active financing income; (4) accelerated depreciation for qualified leasehold and restaurant improvements, for business property on Indian reservations, and for motorsports racing track facilities; (5) the expanded tax deductions for charitable contributions of food and book inventories by noncorporate taxpayers; (6) the special rules for related controlled foreign corporations and for the tax treatment of certain payments to tax-exempt organizations by a controlled subsidiary; (7) the special rule for reductions in the basis of S corporation stock for charitable contributions of property; (8) the increase in alcohol excise taxes payable to Puerto Rico and the Virgin Islands; (9) the economic development credit for American Samoa; (10) tax incentives for mine rescue team training and advanced mine safety equipment; (11) expensing allowances for film and television production costs and for environmental remediation costs; (12) the tax deduction for income attributable to domestic production activities in Puerto Rico; (13) issuance authority for qualified zone academy bonds; (14) the Indian employment tax credit; (15) the tax credit for railroad track maintenance; and (16) work opportunity tax credit eligibility for Hurricane Katrina employees (through August 28, 2009). Extends through 2009 tax credits for: (1) production of electricity from certain renewable resources; (2) residential energy efficient property expenditures; (3) investment in clean renewable energy bonds; (4) energy efficient improvements to principal residences; (5) new energy efficient home expenditures; (6) energy efficient home appliances produced after 2007; and (7) biodiesel, renewable, and certain alternative fuels. Includes marine and hydrokinetic renewable energy as a renewable resource for purposes of the tax credit for producing electricity from renewable resources. Extends through 2016 the investment tax credit for solar energy, fuel cell, and microturbine property. Repeals the dollar per kilowatt limitation on fuel cell property. Allows the offset of energy tax credit amounts against the AMT. Allows public electric utility property to qualify for the energy investment tax credit. Extends through 2009: (1) the tax deduction for energy efficient commercial buildings; and (2) the suspension of the taxable income limitation on percentage depletion for oil and natural gas produced from marginal properties. Makes permanent IRS authority to: (1) conduct undercover operations; (2) disclose tax information to state agencies to facilitate combined employment tax reporting; and (3) disclose tax return information to the Department of Veteran Affairs (VA) for veterans benefit determinations. Extends through 2009 IRS authority to disclose tax return information related to terrorist activities.
United States · United States Congress · 5 June 2008
Commends the millions of fathers who serve as wonderful, caring parents for their children. Calls on fathers across the United States to use Father's Day to: (1) reconnect and rededicate themselves to their children's lives; (2) spend Father's Day with their children; and (3) express their love and support for their children. Urges men to understand the level of responsibility fathering a child requires, especially in the encouragement of children's moral, academic, and spiritual development. Encourages active involvement of fathers in the rearing and development of their children, including the devotion of time, energy, and resources.
United States · United States Congress · 4 June 2008
Investing in Climate Action and Protection Act - Amends the Clean Air Act to require the Administrator of the Environmental Protection Agency (EPA) to establish: (1) a federal greenhouse gas (GHG) registry, for which affected entities must report information regarding fossil fuels and the GHGs produced, consumed, or sequestered; (2) specified quantities of GHG emission allowances, which decline for each of 2012 to 2050; and (3) a GHG emission allowance transfer system for specified covered facilities that emit more than 10,000 carbon dioxide equivalents of GHGs in a year, including facilities within the electric power sector, industrial facilities, facilities that produce or entities that import petroleum- or coal- based liquid or gaseous fuel, local distribution companies that deliver natural gas, and facilities that produce for sale or distribution, or entities that import, certain fluorinated gases that are GHGs. Provides for the use of domestic or international offsets and destruction credits. Requires the Administrator to: (1) allocate allowances to owners or operators of manufacturing facilities that are located in the United States and that principally manufacture trade-exposed primary goods for 2012-2019; and (2) auction all other allowances. Establishes, and provides for the deposit of auction proceeds to and allocations from, the: (1) Investing in Climate Action and Protection Act Management Fund; (2) Climate Change Education and Outreach Fund; (3) Climate Trust Rebate Fund; (4) Low-Carbon Technology Fund; (5) National Energy Efficiency Fund; (6) Agriculture and Forestry Carbon Fund; (7) Climate Change Worker Transition Fund; (8) National Climate Change Adaptation Fund; (9) Natural Resource Conservation Fund; (10) International Forest Protection Fund; (11) International Clean Technology Fund; and (12) International Climate Change Adaptation Fund. Requires the Administrator to establish: (1) an international reserve allowance program; (2) standards for the best available control technologies and practices for reducing methane or nitrous oxide emissions from specified stationary sources; (3) standards of emission performance for certain new electric generating units; (4) requirements regarding the distribution, use, and disposal of hydrofluorocarbon substitutes; and (5) requirements to reduce GHG emissions of transportation fuel produced, refined, blended, or imported by fuel providers. Amends the Internal Revenue Code to establish climate trust tax credits for working families and senior citizens, climate trust rebates for low-income households, and health coverage tax credits for certain workers. Requires the establishment of: (1) the Worker Transition Assistance Program by the Secretary of Labor; (2) an interagency group to determine whether foreign counties have addressed GHGs, a National Climate Change Adaptation Council, and an Interagency Climate Change Task Force by the President; (3) a National Climate Change Adaptation Program and a National Climate Service by the Secretary of Commerce; (4) a Science Advisory Board by the Secretary of the Interior; (5) a Climate Change Education Program by the Director of the National Science Foundation; and (6) an International Climate Change Adaptation Program by the Secretary of State. Considers California's application for a waiver of preemption for regulations to control GHG emissions from motor vehicles to be approved. Amends the Federal Power Act to establish in the Federal Energy Regulatory Commission (FERC) an Office of Carbon Market Oversight. Provides for the regulation of carbon markets. Amends the Safe Drinking Water Act to direct the Administrator to promulgate regulations for state underground injection control programs establishing standards for permitting underground injection of carbon dioxide for purposes of geological sequestration. Amends the Energy Conservation and Production Act to require the Secretary of Energy to update and provide incentive funding to states for implementing national model building energy codes and standards.
United States · United States Senate · 3 June 2008
United States · United States Congress · 3 June 2008
National Capital Region Leadership in Environmental and Energy Stewardship Commission Act - Establishes the National Capital Region Leadership in Environmental and Energy Stewardship Commission, requiring it to: (1) analyze the overall facility environmental and energy footprint and impact of the federal government in the National Capital Region; (2) hold a nationwide competition for a cash prize to find innovative solutions to significantly eliminate such emissions and reduce dependence on the national power grid by making local combustion facilities climate neutral or implementing other technologies to achieve the same goals; (3) analyze existing and upcoming technologies which the government can implement to eliminate facility pollution and reduce dependence on the national power grid; and (4) recommend appropriate ways for the government to significantly eliminate facility pollution emissions, including greenhouse gases, and reduce its dependence on the national electrical grid.
United States · United States Congress · 3 June 2008
Clean Coal-Derived Fuels for Energy Security Act of 2008 - Directs the President to promulgate regulations to ensure that aviation fuel, motor vehicle fuel, home heating oil, and boiler fuel sold or introduced into commerce in the United States, on an annual average basis, contains the applicable volume of clean coal-derived fuel, determined in accordance with this Act. Exempts small refineries from compliance with such regulations until 2018. Directs the Secretary of Energy to study and report to the President and Congress on whether compliance with the requirements of this Act would impose a disproportionate economic hardship on small refineries. Requires the President to extend such exemption if it would. Allows a small refinery to: (1) petition the President for an exemption at any time for the reason of disproportionate economic hardship; and (2) opt-in and be subject to such regulations if it notifies the President that it waives the exemption.
United States · United States Congress · 2 June 2008
Declares that: (1) preventing the government of Iran from acquiring a nuclear weapons capability through economic, political, and diplomatic means is vital to U.S. national security; and (2) nothing in this resolution authorizes the use of force against Iran. Urges the President to use his authority to impose sanctions on: (1) Iranian banks engaged in proliferation activities or the support of terrorist groups; (2) international banks which conduct financial transactions with sanctioned Iranian banks; (3) energy companies with large investments in the Iranian petroleum or natural gas sector; and (4) all companies which do business with Iran's Islamic Revolutionary Guard Corps. Demands that the President lead an international effort to increase pressure on Iran to suspend its nuclear enrichment activities, including by banning the importation of refined petroleum products to Iran.
United States · United States House of Representatives · 22 May 2008
United States · United States Congress · 22 May 2008
Oil Savings Act of 2008 - States that it is U.S. policy to reduce the dependence of the United States on oil and thereby: (1) alleviate the strategic dependence of the United States on oil-producing countries; (2) reduce the economic vulnerability of the United States; and (3) reduce the greenhouse gas emissions associated with oil use. Directs an Interagency Task Force, composed of the Secretaries of Energy, Transportation, Defense, Agriculture, and the Treasury, as well as the Administrator of the Environmental Protection Agency (EPA) and any other agency head determined appropriate by the President, to: (1) publish an action plan for achieving specified oil savings targets during calendar years 2016, 2026, and 2030; and (2) report to Congress on the progress achieved in implementing such targets and expected oil savings under the action plan. Requires the plan to include an analysis demonstrating expected oil savings that result from changes to motor vehicle fuel consumption standards and under the renewable fuel program. Requires a revised action plan if oil savings fall short of targets.
United States · United States Congress · 22 May 2008
Oil Shale Regulatory Act of 2008 - Amends the Department of the Interior, Environment, and Related Agencies Appropriations Act, 2008 to repeal its prohibition against the use of funds to: (1) publish regulations regarding a commercial leasing program for oil shale resources on public lands; or (2) conduct certain oil shale lease sales. Amends the Oil Shale, Tar Sands, and Other Strategic Unconventional Fuels Act of 2005 of the Energy Policy Act of 2005 to: (1) instruct the Secretary of the Interior to publish final regulations establishing a commercial leasing program for oil shale and tar sands not earlier than 90 days (currently, not later than six months) after completion of a specified programmatic environmental impact statement; and (2) authorize the Secretary, not earlier than December 31, 2011, to conduct a lease sale for oil shale and tar sands in a state that expresses support and interest in the development of tar sands and oil shale resources.
United States · United States Congress · 22 May 2008
Calls for the President to require all federal agencies to take initiatives to reduce their daily consumption of gasoline and other fuels.
United States · United States Congress · 22 May 2008
Authorizes the Secretaries of the Army and the Air Force to spend from operations and maintenance appropriations whatever amounts are necessary to carry out unspecified minor military construction projects at the Massachusetts Military Reservation for the installation of wind turbines and other renewable energy generating technology, notwithstanding provisions limiting the amount that may be spent on unspecified minor military construction projects.
United States · United States Congress · 22 May 2008
Refinery Permit Process Schedule Act - Authorizes the Administrator of the Environmental Protection Agency (EPA), upon the request of a state governor, or in the case of Native American tribes or tribal territories, the designated leader of the tribe or tribal community, to provide financial assistance to hire additional personnel to assist the state or tribe or tribal community with expertise in fields relevant to consideration of federal refinery authorizations. Requires a federal agency responsible for refinery authorization to provide, upon the request of a state governor, or in the case of Native American tribes or tribal territories, the designated leader of the tribe or tribal community, technical, legal, or other nonfinancial assistance to facilitate state or tribal consideration of such authorizations. Directs the President to appoint a federal coordinator to facilitate such authorizations. Requires the coordinator, upon the request of an applicant seeking a federal refinery authorization, to establish a memorandum of agreement, executed by relevant federal and state agencies, setting forth the most expeditious coordinated schedule possible for completion of all such authorizations. Instructs the President to designate at least three closed military installations as potentially suitable for the construction of a refinery. Requires that at least one such site be designated as potentially suitable for construction of a refinery to refine biomass in order to produce biofuel. Requires the redevelopment authority, in preparing or revising the redevelopment plan for each such designated installation, to consider the feasibility and practicability of siting a refinery on the installation. Amends the Energy Policy Act of 2005 to repeal certain requirements regarding refinery revitalization.
United States · United States Congress · 22 May 2008
Amends the Clean Air Act to authorize the President to waive the requirement concerning the applicable volume of renewable fuels in gasoline in any year after 2007 through 2022 if the President finds that complying with such requirement in that year is not technologically feasible or that the fuel concerned is not commercially available in the required volume for that year.
United States · United States Congress · 22 May 2008
American Energy Independence Act - Amends the Internal Revenue Code to: (1) provide for tax credits for energy efficiency, alternative and unconventional fuel, and nuclear power; and (2) revise provisions concerning tax credits for renewable energy and energy efficiency. Amends the Energy Policy Act of 2005 to require the Secretary of Energy (Secretary) to make loan guarantees for advanced conservation and fuel efficiency motor vehicle technology projects for the production of vehicles that do not exceed 10,000 pounds. Includes among projects eligible for assistance under the congestion mitigation and air quality improvement program projects for the operation and maintenance of intelligent transportation system strategies that serve nonattainment or maintenance areas. Requires the: (1) Secretary of Transportation to establish a program to develop jet fuel produced from clean coal and from alternative and unconventional domestic feedstocks; and (2) Administrator of the Federal Aviation Administration (FAA) to designate an institution that has existing facilities and experience in the development and deployment of such technologies as the Center for Excellence for Coal-to-Jet-Fuel Research. Designates a fund comprised of revenues from fees for loan guarantees as the Incentives for Innovative Technologies Fund. Limits payments made by the Secretary for costs that result from certain nuclear plant delays to costs that occur after the initial 30-day period of covered delay and that are no more than $500 million per contract. Requires the Secretary to implement a Nuclear Power 2010 Program. Establishes an interagency working group to promote increasing domestic manufacture capacity and export of domestic nuclear energy products and services. Requires the Secretary of Labor to implement a program to provide workforce training for the nuclear utility and nuclear energy products and services industries. Amends the Atomic Energy Act to revise provisions concerning hearings and judicial review for proceedings on licenses or construction permits. Requires the Secretary to establish a National Nuclear Energy Council. Authorizes the Secretary to initiate spent nuclear fuel storage agreements. Amends the Nuclear Waste Policy Act of 1982 to revise provisions concerning contracts for the transportation and disposal of high-level radioactive waste or spent nuclear fuel of domestic origin. Requires the Secretary to offer to settle actions for damages resulting from failure to commence accepting such fuel or waste on or before January 31, 1998. Prohibits expenditures from the Nuclear Waste Fund for research and development of activities on advanced nuclear fuel cycle technologies. American-Made Energy and Good Jobs Act - Requires the Secretary of the Interior to establish a competitive oil and gas leasing program that will result in environmentally sound exploration, development, and production of resources in the Coastal Plain, Arctic National Wildlife Refuge (ANWR), Alaska. Amends the Alaska National Interest Lands Conservation Act of 1980 to repeal the prohibition of the production of oil and gas from ANWR. Authorizes the Secretary of the Interior to designate Special Areas within the Coastal Plain that may be excluded from leasing. Requires 50% of royalty revenues from leasing to be paid to Alaska. Requires the Secretary of the Interior to: (1) issue rights of way across the Coastal Plain for transportation of oil and gas; and (2) convey to the Kaktovik Inupiat Corporation and the Arctic Slope Regional Corporation specified estates. Authorizes the Secretary of the Interior to provide financial assistance from the Coastal Plain Local Government Impact Aid Assistance Fund to eligible entities impacted by the exploration for, or production of, oil and gas on the Coastal Plain. Terminates the prohibition on: (1) leasing of federal submerged lands of the Outer Continental Shelf for the exploration, development, or production of oil or gas; (2) issuing federal permits for such exploration, development, or production; and (3) expending federal funds on such leases or permits. Requires federal agencies which received funds for conducting climate change basic research to use such funds only for climate change applied research.
United States · United States Congress · 22 May 2008
End the Pain at the Pump Act of 2008 - Amends the Internal Revenue Code to: (1) allow an excise tax credit between June 1, 2008, and May 30, 2011, for individuals commuting to work in a vehicle fueled primarily by gasoline or diesel fuel; (2) treat the income of partners performing investment management services as ordinary income and set forth tax rules for the treatment of partnership acquisition indebtedness and other partnership interests; and (3) require the inclusion in gross income for income tax purposes of employee compensation deferred under a nonqualified deferred compensation plan of a nonqualified entity when there is no substantial risk of forfeiture of the rights to such compensation. Refinery Permit Process Schedule Act - Authorizes the Administrator of the Environmental Protection Agency (EPA), upon request of a state governor, to provide financial assistance to hire additional personnel with expertise in federal refinery authorizations. Directs the President to: (1) appoint a federal coordinator to implement federal refinery authorizations; and (2) designate certain closed military installations as potentially suitable refinery construction sites. Directs the Secretary of the Interior to establish and implement a competitive oil and gas leasing program in the Coastal Plain of Alaska. Repeals the prohibition against producing oil and gas from the Arctic National Wildlife Refuge. Sets forth requirements for the sale of oil and natural gas leases in the Coastal Plain, environmental protection, and transportation easements. Establishes the Coastal Plain Local Government Impact Aid Assistance Fund to provide financial assistance to specified jurisdictions in Alaska. Deep Ocean Energy Resources Act of 2008 - Amends the Outer Continental Shelf Lands Act (OCSLA) to revise the outer Continental Shelf leasing program. Federal Energy Natural Resources Enhancement Act of 2008 - Authorizes appropriations for a natural resources enhancement program for the management of fish, wildlife, and natural resources. Terminates existing federal laws prohibiting the spending of appropriated funds to conduct oil and natural gas leasing or the issuance of a lease to any individual for any area of the outer Continental Shelf. Rigs to Reefs Act of 2008 - Amends the OCSLA to authorize the Secretary to use decommissioned offshore oil and gas platforms for artificial reef and scientific research. Allows the cancellation and exchange of certain oil and gas leases within 100 miles of the coastline within the California or Florida Adjacent Zones. Repeals: (1) the requirement to conduct a comprehensive inventory of outer Continental Shelf oil and natural gas resources; (2) the coastal impact assistance program; and (3) the Oil Shale, Tar Sands, and Other Strategic Unconventional Fuels Act of 2005. Amends the Energy Independence and Security Act of 2007 to repeal emission requirements with respect to the procurement and acquisition of alternative fuels.
United States · United States Congress · 22 May 2008
Authorizes the President to authorize the design and construction of a petroleum refinery for each of the Army, Navy, Air Force, and Marine Corps that will be located on a military installation and reserved for the exclusive purpose of manufacturing petroleum products designated for consumption by units and elements of that branch of the Armed Forces. Directs the President to solicit proposals for the design and construction of a refinery under this Act. Amends the Energy Independence and Security Act of 2007 to repeal the reduced lifecycle greenhouse gas emissions requirement relating to federal agency procurement and acquisition of alternative fuels.
United States · United States Congress · 22 May 2008
Amends the Internal Revenue Code of 1986 to allow an unconventional aviation fuel mixture credit. Defines "unconventional aviation fuel mixture" as an aviation-grade fuel consisting of a mixture of unconventional fuel (any liquid fuel derived from coal and any oil produced from shale) and aviation-grade kerosene. Authorizes the Secretary of Defense to enter into contracts or other agreements to procure liquid fuel derived from coal to meet the fuel requirements of the Department of Defense (DOD), including multi-year contracts for up to 25 years.
United States · United States Congress · 22 May 2008
Food, Conservation, and Energy Act of 2008 - Provides for the continuation of agricultural and other programs of the Department of Agriculture through FY2012. Revises agricultural and related programs, including provisions respecting: (1) commodity programs; (2) conservation; (3) trade; (4) nutrition; (5) credit; (6) rural development; (7) research and related matters; (8) forestry; (9) energy; (10) horticulture and organic agriculture; (11) livestock; (12) crop insurance and disaster assistance; (13) socially disadvantaged and limited resource producers; and (14) miscellaneous programs. Directs the President to establish and maintain an importer declaration program with respect to the importation of softwood lumber and softwood lumber products. Establishes the Bill Emerson National Hunger Fellowship Program and the Mickey Leland International Hunger Fellowship Program. Housing Assistance Council Authorization Act of 2008 - Amends provisions respecting the Housing Assistance Council. Small Business Disaster Response and Loan Improvements Act of 2008 - Amends provisions respecting small business disaster assistance. CFTC Reauthorization Act of 2008 - Amends provisions respecting commodity futures. Agricultural Security Improvement Act of 2008 - Amends provisions respecting agricultural security. Heartland, Habitat, Harvest, and Horticulture Act of 2008 - Amends provisions respecting trade, energy, tax, and Social Security. Haitian Hemispheric Opportunity through Partnership Encouragement Act of 2008 or the HOPE II Act - Amends provisions respecting trade benefits for Haiti.
United States · United States Congress · 22 May 2008
Renewable Investment and Consumer Protection Act - Establishes in the Treasury a Clean Energy Fund, to which shall be appropriated an amount equivalent to the increase in revenues resulting from a tax imposed on each repurchase of outstanding shares of stock by a major integrated oil company pursuant to a stock buyback program. Appropriates amounts in the fund as follows: (1) 60% to offset the cost of subsequent legislation to accelerate the use of clean domestic renewable energy resources and alternative fuels, promote energy efficiency and conservation, and increase research, development, and deployment of clean renewable energy and energy efficiency technologies; and (2) 40% for carrying out the Low-Income Home Energy Assistance program. Amends the Internal Revenue Code to impose the oil company stock repurchase transaction tax.
United States · United States Congress · 22 May 2008
Directs the Secretary of Energy to award at least 65 four-year grants per year to undergraduate institutions to fund scholarships for students majoring in nuclear science or nuclear engineering. Requires the Secretary to provide Congress with recommendations for developing a robust nuclear workforce in this country.
United States · United States Congress · 22 May 2008
Amends the Internal Revenue Code to: (1) extend through 2013 the tax credit for producing electricity from wind, open and closed-loop biomass, geothermal or solar energy, small irrigation power, landfill gas, trash combustion, refined coal, and hydropower facilities; (2) include marine and hydrokinetic renewable energy as a resource eligible for such credit; (3) extend through 2017 the investment tax credit for solar, fuel cell, and microturbine property; (4) repeal the dollar per kilowatt limitation for fuel cell property for purposes of the investment tax credit; and (5) allow public utility property to qualify for the investment tax credit.
United States · United States Congress · 22 May 2008
Renewable Fuel Adjustment Act of 2008 - Repeals specified amendments made to renewable fuel program provisions of the Clean Air Act by the Energy Independence and Security Act of 2007, including the renewable fuel standards and related definitions prescribed by such Act. Requires the President to recommend changes to renewable fuel standards based upon the findings of the National Academy of Sciences (NAS) study of the impact of the renewable fuel program on producers of feed grains, livestock, food, forest products, and energy when the Secretary of Energy submits it to Congress. Requires the Secretary to enter into an arrangement with NAS to assess the impact of federal and state requirements to use ethanol on such producers and producers of other consumer goods. Amends the Internal Revenue Code to provide for reductions in the ethanol blender credits for ethanol derived from corn kernels, soybeans, or any other substances that are suitable for human food or livestock feed consumption.
United States · United States Congress · 22 May 2008
Amends the Nuclear Waste Policy Act of 1982 to authorize the Secretary of Energy to use amounts in the Nuclear Waste Fund to make competitive grants to or enter into long-term contracts with private sector entities for the recycling of spent nuclear fuel. Directs the Nuclear Regulatory Commission to complete a rulemaking establishing a process for licensing by the Nuclear Regulatory Commission (NRC), under the Atomic Energy Act of 1954, of facilities for the recycling of spent nuclear fuel. Amends the Nuclear Waste Policy Act of 1982 to provide that the receipt and disbursements of the Nuclear Waste Fund shall not be counted as new budget authority, outlays, receipts, or deficits or surplus for purposes of the executive budget, the congressional budget, or the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) (thereby moving the Fund off-budget).
United States · United States Congress · 22 May 2008
Requires the Federal Trade Commission (FTC), the Board of Governors of the Federal Reserve System, and the Energy Information Agency to conduct a joint study and report to specified congressional committees on the effects of speculation in the domestic and foreign futures markets for natural gas, crude oil, and gasoline on cash market and retail prices for the commodities. Requires the Commodity Futures Trading Commission (CFTC) to: (1) issue a notice of proposed rulemaking regarding how the CFTC determines whether regulation of futures contracts and derivatives by a foreign country is comparable to regulation of such under the Commodity Exchange Act; (2) evaluate any comments submitted; and (3) determine whether the CFTC should issue a proposed rule regarding the matter.
United States · United States Congress · 22 May 2008
Amends the Food, Conservation, and Energy Act of 2008 to reinsert the trade title contained in the conference report to accompany H.R. 2419 of the 110th Congress (Report 110-627).
United States · United States Congress · 22 May 2008
Commends the Tennessee Valley Authority on its 75th anniversary. Recognizes the Tennessee Valley Authority for its long and proud history of service in the areas of energy, the environment, and economic development in a service area that includes seven states. Honors the Board of Directors, retirees, staff, and supporters of the Tennessee Valley Authority who were instrumental during the Tennessee Valley Authority's first 75 years.
United States · United States Congress · 22 May 2008
Requires the Committee on Standards of Official Conduct to begin an immediate investigation into the abuse of power surrounding the inaccuracies in the process and enrollment of H.R. 2419 ( Food and Energy Security Act of 2007), vetoed by the President on May 21, 2008. Admonishes the Speaker of the House, Majority Leader, and other Members of the Democratic Leadership for their roles in the events surrounding this enrollment error.
United States · United States Congress · 22 May 2008
Declares that preventing Iran from acquiring a nuclear weapons capability through economic, political, and diplomatic means is vital to U.S. national security. Urges the President to use his authority to impose sanctions on: (1) Iranian banks engaged in proliferation activities or the support of terrorist groups; (2) international banks which conduct financial transactions with proscribed Iranian banks; (3) energy companies with large investments in the Iranian petroleum or natural gas sector; and (4) all companies which do business with Iran's Islamic Revolutionary Guard Corps. Demands that the President initiate an international effort to increase economic, political, and diplomatic pressure on Iran to suspend its nuclear enrichment activities. Urges the President to lead a regional diplomatic effort to support the legitimate governments in the region against Iranian destabilization efforts.
United States · United States Congress · 21 May 2008
Deep Ocean Energy Resources Act of 2008 - Amends the Submerged Lands Act (SLA) regarding delineation of lateral offshore state boundaries with respect to the Outer Continental Shelf Lands Act (OCSLA), as well as related oil and gas mineral rights. Amends the OCSLA with respect to Adjacent Zones and Planning Areas in the outer Continental Shelf (OCS) subsoil and seabed. Revises procedures governing natural gas lease administration. Prohibits the President from: (1) revising or revoking a withdrawal that is extended by a state; or (2) withdrawing from leasing any area for which a state has failed to prohibit leasing. Requires the Secretary of the Interior (Secretary) to include, in each five-year OCS leasing program, lease sales that, when viewed as a whole, propose to offer to lease at least 75% of the available unleased acreage within each OCS Planning Area for oil and gas or natural gas. Prescribes conditions for a federal agency permit, without adjacent state concurrence, to construct a crude oil or petroleum products pipeline within the part of the adjacent state's Adjacent Zone that is withdrawn from oil and gas or natural gas leasing. Exempts lease suspensions and all preliminary activities on OCS tracks from the requirement to prepare environmental assessments or impact statements under the National Environmental Policy Act of 1969. Establishes the Federal Energy Natural Resources Enhancement Program to manage wildlife and natural resources related to energy and minerals development on federal lands. Declares without force or effect existing federal prohibitions against spending appropriated funds for leasing and preleasing OCS oil and natural gas. Prohibits a federal agency from permitting certain activities on the federal OCS or in state waters that are incompatible with: (1) oil or natural gas leasing; and (2) full exploration and production of tracts geologically prospective for oil or natural gas. Requires the Secretary to repurchase and cancel certain federal oil and gas, geothermal, coal, oil shale, tar sands, or other mineral leases, whether onshore or offshore. Redesignates the Minerals Management Service as the National Ocean Resources and Royalty Service. Rigs to Reefs Act of 2008 - Amends the OCSLA to prescribe requirements for the use of decommissioned offshore oil and gas platforms for an artificial reef, scientific research, or any other use authorized for leases, easements, or rights-of-way for energy and related purposes. Redesignates the Mining and Mineral Resource Institutes Act of 1984 as the Energy and Mineral Schools Reinvestment Act. Directs the Secretary to provide funds to state-chartered petroleum or mining schools. Establishes the Office of Petroleum and Mining Schools. Directs the Secretary to appoint an advisory Committee on Petroleum, Mining, and Mineral Engineering and Energy and Mineral Resource Education. Authorizes grants to schools for career technical education. Establishes a Physical Science, Engineering, and Technology Scholarship Program. Directs the Secretary to establish OCS Regional Headquarters in designated locations. National Geo Fund Act of 2008 - Directs the Secretary to establish a program for production of: (1) fuels from strategic unconventional resources; and (2) oil and gas resources using CO2 enhanced recovery. Directs the Secretary to establish grant programs for production of: (1) geothermal and geopressure oil and gas energy; (2) liquid fuels; and (3) renewable energy from ocean waves, currents, and thermal resources. Grants the lessee of an existing oil and gas lease located completely within 100 miles of the coastline within the California or Florida Adjacent Zones the option of exchanging such lease for a new oil and gas lease having a primary term of five years. Amends OCSLA to repeal the coastal impact assistance program. Amends the Energy Policy Act of 2005 to repeal the requirement for payments for oil shale and tar sands leases. Amends the Mineral Leasing Act to prescribe requirements for treatment of oil shale or tar sands lease revenues and royalty rates for commercial leases. Amends OCSLA to make OCS receipts available in certain circumstances for payments under the Secure Rural Schools and Community Self-Determination Act of 2000. Repeals the Gulf of Mexico Energy Security Act of 2006.
United States · United States Congress · 21 May 2008
American Energy Independence and Price Reduction Act - Directs the Secretary of the Interior to implement a competitive leasing program for the exploration, development, and production of the oil and gas resources on the Coastal Plain of Alaska. Amends the Alaska National Interest Lands Conservation Act of 1980 to repeal the prohibition against leasing or other development leading to production of oil and gas from the Arctic National Wildlife Refuge (ANWR). Deems any oil and gas leasing programs and activities authorized by this Act to be in compliance with ANWR purposes. Authorizes the Secretary to designate up to 45,000 acres of the Coastal Plain as a Special Area, after consultation with the state of Alaska, the city of Kaktovik, and the North Slope Borough. Permits directional drilling in the Special Area. Prescribes procedures governing Coastal Plain lease sales, as well as terms and conditions, including: (1) environmental protection; (2) federal and state distribution of revenues; (3) rights-of-way; and (4) local government impact aid and community service assistance. Sets forth: (1) a "no significant adverse effect" standard to govern Coastal Plain activities; and (2) guidelines for expedited judicial review of complaints. Establishes the ANWR Alternative Energy Trust Fund.
United States · United States Congress · 21 May 2008
Requires the Secretary of Energy to establish a program to provide health care benefits for workers who: (1) have been employed by a Department of Energy (DOE) contractor to perform duties under a contract for environmental remediation, waste management, decontamination and decommissioning, maintenance, security, and administrative activities at the Fernald Closure Project (Harrison, Ohio), the Mound Closure Project (Miamisburg, Ohio), or the Rocky Flats Environmental Technology Site (Golden, Colorado); and (2) would have qualified for health care benefits available for retirees had the individual's employment not been terminated as a result of the accelerated closure of the site.
United States · United States Congress · 20 May 2008
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 10,000 carbon dioxide equivalents of chemicals that are group I GHGs; and (5) facilities that emit as a byproduct of the production of hydrochlorofluorocarbons more than 10,000 carbon dioxide equivalents of hydrofluorocarbons (HFCs) in any year. Provides for the use of feedstock, sequestration, and destruction credits. Establishes: (1) a domestic offset program to sequester GHGs; (2) the Bonus Allowance Account for carbon capture and sequestration projects; (3) the Carbon Market Efficiency Board, which shall analyze the national GHG emission market and implement cost relief measures if the market poses significant harm to the U.S. economy; (4) the Climate Change Credit Corporation, to which specified percentages of emission and remainder emission allowances for 2012-2050 shall be allocated and which shall auction such allowances annually; and (5) the Deficit Reduction Fund into which auction proceeds shall be deposited. Requires the Administrator to establish new qualifying levels and requirements of Energy Star certification for retail carbon offsets. Provides for the allocation and distribution of emission allowances to states and facilities on the basis of emission reductions, energy savings, state programs that exceed federal emission reduction targets, state expenditures for low-income home energy assistance programs, and relative potential carbon dioxide emissions. Specifies how states shall use such allowances, including to mitigate impacts on low-income energy consumers, to promote energy efficiency and investment in nonemitting electricity generation technology, to improve public transportation, to encourage advances in energy technology that reduce or sequester GHG emissions, to address impacts of climate change, and to improve recycling programs. Establishes and provides for the deposit of auction proceeds to and allocations from: (1) the Energy Assistance Fund; (2) the Climate Change Worker Training Fund; (3) the Adaptation Fund; (4) the Climate Change and National Security Fund; (5) the Bureau of Land Management Emergency Firefighting Fund; (6) the Forest Service Emergency Firefighting Fund; and (7) the Climate Security Act Management Fund. Provides for the use of auction proceeds, including for programs concerning zero- or low-carbon energy technologies, advanced coal and sequestration technologies, incentives for production of fuel from cellulosic biomass, advanced technology vehicles manufacturing incentives, and sustainable energy. Requires the Secretary of State to establish an International Climate Change Adaptation and National Security Program within the U.S. Agency for International Development (USAID). Amends the Energy Policy and Conservation Act to set forth provisions concerning appliance energy efficiency requirements and state building energy efficiency code updates. Requires the President to establish: (1) an interagency group to determine whether foreign countries have addressed GHGs; and (2) an Interagency Climate Change Task Force. Requires: (1) the Administrator to establish an international reserve allowance program; and (2) the proceeds from sales of such allowances to be used to mitigate the negative impacts of climate change on other countries' disadvantaged communities. Amends the Safe Drinking Water Act to require the Administrator to permit commercial-scale underground injection of carbon dioxide for purposes of geological sequestration. Requires the Administrator to establish a cap on and allocate allowances for HFC consumption in the United States for 2010-2050. Prohibits consumption of an HFC or products or equipment containing any HFC except as provided in this Act. Amends the Clean Air Act to: (1) set forth requirements concerning the sale or distribution, use, and disposal of HFC substitutes; and (2) direct the Administrator to establish an advanced clean fuel performance standard.
United States · United States Congress · 20 May 2008
Consumer-First Energy Act of 2008 - Amends the Internal Revenue Code to: (1) deny major integrated oil companies (i.e., companies producing at least 500,000 barrels of crude oil daily) a tax deduction for income attributable to domestic production of oil, gas, or primary products thereof; (2) conform tax treatment of foreign oil and gas extraction income and foreign oil related income for purposes of the foreign tax credit; (3) impose a windfall profits tax on major integrated oil companies; and (4) establish an Energy Independence and Security Trust Fund funded by revenues raised by the tax provisions of this Act to reduce U.S. dependence on foreign and unsustainable energy sources and reduce the risks of global warming. Petroleum Consumer Price Gouging Protection Act - Declares it unlawful for a supplier to sell crude oil, gasoline, petroleum distillates, or biofuel at an unconscionably excessive price in an area for which the President declares that an energy emergency exists. Grants the Federal Trade Commission (FTC) authority to enforce this Act. Authorizes the President to declare a federal energy emergency if the well-being of U.S. citizens is at risk because of a shortage or imminent shortage of adequate supplies of crude oil, gasoline, petroleum distillates, or biofuel because of: (1) a disruption in the national distribution system; or (2) significant pricing anomalies in the national energy markets for such products. Authorizes state attorneys general to bring civil actions to enforce this Act. Sets forth civil and criminal penalties for violations. Directs the Secretaries of Energy and the Interior to suspend acquisition of petroleum for the Strategic Petroleum Reserve until December 31, 2008. No Oil Producing and Exporting Cartels Act of 2008 or NOPEC - Amends the Sherman Act to make it illegal for any foreign state to act with another foreign state to: (1) limit the production or distribution of oil, natural gas, or any other petroleum product; (2) set or maintain prices for such products; or (3) otherwise take any action in restraint of trade for such products. Denies sovereign immunity or act of state doctrine protections for foreign states who engage in such such illegal conduct. Amends the Commodity Exchange Act to require the Commodity Futures Trading Commission (CFTC) to: (1) determine that foreign boards of trade subject to CFTC jurisdiction regulate and provide information on off-shore oil trading; and (2) set a substantial increase in margin levels for all oil futures trades, contracts, or transactions.
United States · United States Congress · 20 May 2008
Sets forth the rule for consideration of the bill (H.R. 6049) to amend the Internal Revenue Code of 1986 to provide incentives for energy production and conservation, to extend certain expiring provisions, to provide individual income tax relief.
United States · United States House of Representatives · 15 May 2008
United States · United States Congress · 15 May 2008
Green Resources for Energy Efficient Neighborhoods Act of 2008 or the GREEN Act of 2008 - Sets forth provisions concerning Housing of Urban Development (HUD) energy efficiency and conservation standards and green building standards for structures (conservation standards). Requires the Secretary of HUD to conduct a program to demonstrate the effectiveness of funding a portion of the costs of carrying out energy efficiency and conservation and green building measures for multifamily housing projects for which rental assistance is provided under a covered multifamily assistance program. Amends the Housing and Community Development Act of 1992 to provide for credits for Fannie Mae and Freddie Mac for mortgage purchases that support housing that meets conservation standards. Amends the Federal National Mortgage Association Charter Act, the Federal Home Loan Mortgage Corporation Act, and the Federal Home Loan Bank Act to include provisions concerning energy-efficient mortgages and location-efficient mortgages. Amends the National Housing Act to require the Secretary to: (1) ensure that the aggregate outstanding principal obligation of mortgages on single-family housing meeting energy efficiency standards that are insured by the Secretary is not less than $1 billion; and (2) conduct an energy efficient mortgages education and outreach campaign. Amends the Home Mortgage Disclosure Act of 1975 to require the disclosure of the number and dollar amount of mortgage loans that are energy efficient and location efficient. Prohibits insurers from denying homeowner insurance coverage or discriminating in coverage for structures that are not connected to, or not able to receive electricity from, electric power providers. Requires the Secretary to establish incentives for developers to: (1) increase the energy efficiency of multifamily housing; and (2) certify that trees, shrubs, grasses, and other plants are planted properly. Sets forth provisions concerning energy saving techniques and energy performance requirements for manufactured homes. Requires the Secretary to conduct a pilot program to facilitate the financing of cost-effective capital improvements for covered assisted housing projects to improve their energy efficiency and conservation. Amends the Housing and Community Development Act of 1974 to require the Secretary to make grants for energy efficiency improvements in housing. Amends the Cranston-Gonzalez National Affordable Housing Act of 1990 to require state and local housing strategies to include provisions to encourage sustainable development for affordable housing. Requires the Secretary to make grants to nonprofit organizations to increase low-income community development capacity. Amends the United States Housing Act of 1937 to: (1) direct the Secretary to ensure that public housing agencies will receive the full financial benefit from reductions in utility costs resulting from contracts to undertake energy conservation improvements in connection with revitalization plans; and (2) prohibit the Secretary from making grants for demolition, site revitalization, replacement housing, and tenant-based assistance unless the applicant's proposed revitalization plan meets green development requirements. Amends the Community Reinvestment Act of 1977 to require federal financial supervisory agencies, in assessing the record of a financial institution, to consider specified energy efficiency and environmental ventures undertaken by the institution. Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to direct: (1) federal financial institution regulatory agencies to require their standards for the performance of real estate appraisals to consider renewable energy sources for, or energy-efficiency or energy-conserving improvements or features of, the property in determining its value; and (2) the Appraisal Subcommittee to establish requirements for appraisers regarding energy-efficiency features and guidelines for appraising photovoltaic measures and training of appraisers. Directs the Secretary to require the Housing Assistance Council to establish incentives for compliance by structures assisted by the Secretary and HUD's Office of Rural Housing and Economic Development with energy efficiency requirements. Establishes in the Treasury the Alternative Energy Sources State Revolving Fund. Amends the Federal Deposit Insurance Act and the Federal Credit Union Act to require federal banking agencies to prescribe guidelines encouraging the establishment and maintenance of green banking centers by insured depository institutions to provide consumers information on home energy ratings, financing for energy-saving improvements to property, and beneficial terms for mortgages or loans that meets energy-efficiency standards.
United States · United States Congress · 15 May 2008
Invest in Energy Independence Act - Instructs the Secretary of Energy to publish a plan to: (1) exchange light grade petroleum from the Strategic Petroleum Reserve (SPR) for an equivalent volume of heavy grade petroleum plus certain cash bonus bids received that reflect the difference in the market value between light grade and heavy grade petroleum and the timing of deliveries of the heavy grade petroleum; (2) deposit into the SPR Petroleum Account, from the gross proceeds of the cash bonus bids, the amount necessary to pay for the costs of the exchange; (3) deposit 90% of the remaining net proceeds from the exchange into the Energy Independence and Security Fund established by this Act; and (4) deposit the remaining balance into the SPR Petroleum Account to acquire additional petroleum for the SPR. Directs the Secretary to study and report to Congress on the potential for additional exchanges from the SPR. Establishes in the Treasury the Energy Independence and Security Fund. Instructs the Secretary to distribute amounts from the Fund to specified energy activities, including: (1) energy research of the Advanced Research Projects Agency; (2) wind and solar energy research and development; (3) low-income weatherization; (4) advanced vehicles research, development, demonstration; and (5) smart grid technology research and development.
United States · United States Congress · 15 May 2008
Expresses the sense of the House of Representatives that, in order to meet our nation's growing long-term energy demands and maintain our economic viability in the world marketplace, any comprehensive and economically viable energy bill must address: (1) expanded use of renewable and alternative energy sources; (2) increased domestic refining capacity; (3) promotion and incentivization of increased conservation and energy efficiency; (4) expansion and promotion of additional research and development through methods such as public-private partnerships; and (5) enhanced consumer awareness and education regarding methods to increase energy efficiency and available alternative fuel sources.
United States · United States House of Representatives · 14 May 2008
United States · United States Congress · 14 May 2008
Oil Shale and Tar Sands Leasing Act of 2008 - Amends the Energy Policy Act of 2005 to direct the Secretary of the Interior to: (1) report to Congress on a commercial leasing program for oil shale and tar sands; and (2) arrange with the National Academy of Sciences to assess for a report to Congress the environmental and commercial framework for oil shale and tar sands development. Authorizes the senior executive of an affected state or local governmental unit to submit recommendations to the Secretary with respect to size, timing, or location of either a proposed lease sale, or a proposed development and production plan. Requires an environmental impact statement prior to: (1) any lease sale under the commercial leasing program under this Act; and (2) authorization, on a site-specific basis, of development activity on leased land.
United States · United States Congress · 14 May 2008
Energy and Tax Extenders Act of 2008 - Amends the Internal Revenue Code to extend various provisions relating to energy production and conservation and to individual and business-related activities. Extends through 2009 the tax credit for producing electricity from wind facilities and through 2011 for closed and open-loop biomass, geothermal, small irrigation, hydropower, landfill gas, and trash combustion facilities. Includes marine and hydrokinetic renewable energy as a renewable resource for purposes of such tax credit. Extends through 2014: (1) the energy tax credits for solar energy, fuel cell, and microturbine property; and (2) the residential energy efficient property tax credit. Increases the authorization levels for new clean renewable energy bonds. Allows tax credits for investment in advanced coal electricity and coal gasification projects. Extends through 2018 the temporary increase in coal excise taxes. Sets forth special rules for refunds of coal excise taxes to certain producers or exporters. Directs the Secretary of the Treasury to study and report to Congress on: (1) Internal Revenue Code provisions that have the largest effects on carbon and other greenhouse gas emissions; and (2) current biofuel production. Allows a new tax credit for the production of cellulosic biofuels. Extends through 2009 income and excise tax credits for biodiesel and renewable diesel. Allows a tax credit for new qualified plug-in electric drive motor vehicles. Allows a tax credit against payroll liabilities of New York Liberty Zone governmental units (i.e., New York State, the City of New York, or any agencies or instrumentalities thereof) for expenditures involving transportation infrastructure projects in or connecting with the New York Liberty Zone. Increases and extends through 2010 the tax credit for alternative fuel vehicle refueling property expenditures. Extends through 2013 the tax deduction for energy efficient commercial building expenditures. Extends through 2009 the tax credit for energy efficient appliances. Extends through FY2012 tax-exempt bond financing for qualified green building and sustainable design projects. Extends through 2008: (1) the election to deduct state and local sales taxes in lieu of state and local income taxes; (2) the tax deductions for qualified tuition and related expenses and for certain expenses of elementary and secondary school teachers; (3) the special rules relating to regulated investment companies and for charitable contributions of capital gain real property for conservation purposes; (4) tax-free distributions from individual retirement plans (IRAs) for individuals called or ordered to active military duty and for charitable purposes; (5) the election to include combat pay as earned income for purposes of the earned income tax credit; (6) authority for use of qualified mortgage bonds to finance residences for veterans; (7) the tax exclusion for amounts received under qualified group legal services plans; and (8) the tax credit for nonbusiness energy property. Extends through 2008 various business-related tax provisions, including: (1) the tax credit for increasing research activities; (2) the tax credits for Indian employment and railroad track maintenance; (3) accelerated depreciation for qualified leasehold and restaurant improvements, for motorsports racing track facilities, and for business property on Indian reservations; (4) the expensing allowance for environmental remediation costs; (5) the tax deduction for income attributable to domestic production activities in Puerto Rico; (6) the special rule for the tax treatment of certain payments to tax-exempt organizations by a controlled subsidiary; (7) issuance authority for qualified zone academy bonds; (8) tax incentives for investment in the District of Columbia; (9) the economic development credit for American Samoa; (10) the special rule for charitable contributions of food and book inventories; (11) the increased tax deduction for corporate contributions of computer equipment and technology for educational purposes; (12) the special rule for reductions in the basis of S corporation stock for charitable contributions of property; (13) work opportunity tax credit eligibility for Hurricane Katrina employees; and (14) increases in alcohol excise taxes payable to Puerto Rico and the Virgin Islands. Extends through 2009: (1) the new markets tax credit; (2) the subpart F exemption for active financing income earned on business operations overseas; (3) special rules for the tax treatment of payments between related controlled foreign corporations; and (4) expensing of costs of certain film and television productions. Makes permanent authorities for: (1) Internal Revenue Service (IRS) disclosure of tax information relating to terrorist activities; (2) IRS undercover operations; and (3) Social Security Administration (SSA) disclosure of tax information for veterans' benefit determinations. Allows individual taxpayers an additional standard tax deduction in 2008 for state and local real property taxes. Lowers in 2008 (from $10,000 to $8,500) the earned income threshold amount for determining the refundable portion of the child tax credit. Increases the AMT refundable credit amount for individual taxpayers with long-term unused tax credits in prior taxable years. Abates any underpayment of tax and related interest and penalties attributable to the application of special AMT rules for the treatment of incentive stock options. Allow attorneys a tax deduction in the current taxable year for reimbursable expenses and court costs which they pay or incur in connection with contingency fee cases. Modifies criteria for penalties on tax return preparers who understate tax liabilities. Allows taxpayers who claimed a casualty loss deduction for damage to a personal residence caused by Hurricanes Katrina, Rita, or Wilma and who subsequently received a grant as compensation for such damage to file an amended tax return to disallow the casualty loss deduction without payment of any tax penalty. Waives deadlines for starting construction for property in the Gulf Opportunity (GO) Zone eligible for bonus depreciation. Includes Colbert and Dallas Counties in Alabama within the GO Zone for purposes of tax-exempt bond financing. Sets forth revenue provisions relating to: (1) the inclusion in gross income of deferred compensation paid by certain foreign entities; and (2) increases in estimated tax payments of certain large corporations. Delays until 2019 the application of special rules for the worldwide allocation of interest for purposes of computing the limitation on the foreign tax credit.
United States · United States Congress · 14 May 2008
Extends, with specified exceptions, agricultural programs under the Farm Security and Rural Investment Act of 2002 until May 23, 2008, or the date of enactment of the Food, Conservation, and Energy Act of 2008. Suspends permanent price support authorities through May 23, 2008, or the date of enactment of the Food, Conservation, and Energy Act of 2008.
United States · United States Congress · 14 May 2008
Polar Bear Seas Protection Act - Amends the Outer Continental Shelf Lands Act to prohibit the Secretary of the Interior from offering or approving any new lease, or approving an exploration or development plan, within any area of the Chukchi or Beaufort Sea marine and coastal ecosystems until: (1) the National Research Council reports to Congress on certain missing information regarding the composition, distribution, status, and ecology of the living marine resources in such ecosystems; (2) the polar bear is listed as either an endangered or threatened species under the Endangered Species Act of 1973 and critical habitat is designated for it; (3) the Secretary performs an oil spill response gap analysis for proposed and existing arctic oil operations; and (4) the Secretary makes specified determinations, including that oil and gas exploration and development can be conducted in the Beaufort and Chukchi Sea Planning Areas without posing a risk of substantial adverse impact to wildlife, or wildlife habitat and subsistence.