Save Our Climate Act of 2007

Summary

Save Our Climate Act of 2007 - Amends the Internal Revenue Code to impose an excise tax on the carbon content of any taxable fuel sold by a manufacturer, producer, or importer. Sets the amount of such tax at $10 per ton of the carbon content in such fuel. Defines "taxable fuel" as coal (including lignite and peat), petroleum and any petroleum product, and natural gas. Exempts from such tax the sale or in-kind exchange of fuel for deposit in the Strategic Petroleum Reserve and certain exports or resales of such fuel.

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

Timeline

1. 26 April 2007

   Introduced

   Introduced in House

   Source: IntroReferral

2. 26 April 2007

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

3. 26 April 2007

   Introduced

   Sponsor introductory remarks on measure. (CR E882-883)

   Source: IntroReferral

4. 26 April 2007

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 26 April 2007 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 26 April 2007

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 26 April 2007

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 26 April 2007

  Open at official source

Sponsors

• Rep. Stark, Fortney Pete [D-CA-9] · D · Sponsor
• Rep. McDermott, Jim [D-WA-7] · D · Sponsor
• Raúl Grijalva · D · Cosponsor
• Rep. Filner, Bob [D-CA-51] · D · Cosponsor
• · hswm00 · Standing

Related records

No cross-record relationships stored yet.