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United States · Bill · HR

H.R. 1347 (112th)

Oil Price Reduction Act of 2011

referredUnited States· United States Congress· EN

Introduced

4 April 2011

Last action

13 May 2011 · Referred

Status

Referred to the Subcommittee on Terrorism, Nonproliferation, and Trade.

Sponsors

STEVE CHABOT

Subjects

Taxation

Source updated

14 August 2025

Taxation

Summary

Oil Price Reduction Act of 2011- Prohibits U.S. bilateral assistance and arms exports (not including humanitarian assistance) to any country that is a major net oil exporter, including any country that is a member of the Organization of Petroleum Exporting Countries (OPEC), if such country is engaged in oil price fixing to the detriment of the U.S. economy. Amends the Internal Revenue Code to allow taxpayers who drive a highway vehicle fueled by gasoline or diesel fuel a $1,000 tax credit in the taxpayer's last taxable year ending in 2011.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 4 April 2011

    Introduced

    Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  2. 4 April 2011

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 4 April 2011

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 13 May 2011

    Referred

    Referred to the Subcommittee on Terrorism, Nonproliferation, and Trade.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

Sponsors

Related records

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Sources

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