United States · Bill · HR
H.R. 165 (101st)
To amend the Internal Revenue Code of 1986 to impose a tax on the importation of crude oil and refined petroleum products.
Introduced
3 January 1989
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
7 February 2024
Summary
Amends the Internal Revenue Code to establish a fee on crude oil and refined petroleum products imported into the United States, other than oil or products purchased for export. Imposes the fee during any week following a four-week period when the average international price of crude oil has been less than $18 per barrel. Bases the fee on the difference between $18 per barrel and the average international price of a barrel of crude oil.
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Votes
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Versions
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Documents
2 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN
Introduced in House
summary · EN · 3 January 1989
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/101st-congress/house-bill/165
- Open data entity: https://api.congress.gov/v3/bill/101/hr/165