United States · Bill · HR
H.R. 4828 (99th)
Energy Independence Act of 1986
Introduced
15 May 1986
Last action
—
Status
Referred to Subcommittee on Trade.
Sponsors
—
Subjects
Discovery layer
Source updated
29 August 2025
Summary
Energy Independence Act of 1986 - Amends the Internal Revenue Code to impose an excise tax on: (1) the first sale within the United States of any crude oil or any petroleum product imported into the United States; and (2) the use within the United States of any crude oil or any petroleum product imported into the United States if no such tax has been imposed prior to such use. Sets a fluctuating rate for such tax dependent upon the world price of crude oil.
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Documents
1 official file
Introduced in House
summary · EN · 15 May 1986
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/99th-congress/house-bill/4828
- Open data entity: https://api.congress.gov/v3/bill/99/hr/4828