Joint resolution to prohibit for a period of 60 days the imposition of tariffs, fees and quotas on oil imports and the lifting of all price controls on domestic oil, and to thereafter require the submission to, and the right of approval of the Congress of any such action within 30 days.

Summary

Provides that no new tariff, fee, or other charge, no increase in existing tariffs, fees, or other charges, and no new quota or other limitation on imports of crude oil or petroleum product other than those in effect on January 1, 1975, may be imposed except in accordance with this joint resolution. Stipulates that no increase in the price permitted for oil now classified as "old" oil under regulations promulgated pursuant to the Emergency Petroleum Allocation Act of 1973 and in effect on January 1, 1975, may be established except in accordance with this joint resolution. States that no action referred to may be undertaken unless: (1) such action is specifically authorized by law enacted after the date of enactment of this joint resolution; or (2) sixty days after the date of enactment of this joint resolution the specific action proposed to be taken is submitted to both Houses of the Congress for congressional review and either House of the Congress shall have the opportunity to disapprove of such action within thirty days of the receipt of the proposal. Requires that if such action is disapproved by either House, no officer or agency shall have authority to take any action inconsistent with the provisions of this joint resolution.

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1 official file

• Introduced in House

  summary · EN · 27 January 1975

  Open at official source

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