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United States · Bill · HR

H.R. 6000 (110th)

Gas Price Spike Act of 2008

referredUnited States· United States Congress· EN

Introduced

8 May 2008

Last action

9 May 2008 · Referred

Status

Referred to the Subcommittee on Highways and Transit.

Sponsors

Rep. Kucinich, Dennis J. [D-OH-10], Rep. Abercrombie, Neil [D-HI-1], Rep. Berman, Howard L. [D-CA-28], ROBERT BRADY, Rep. Capps, Lois [D-CA-24], Rep. Clay, Wm. Lacy [D-MO-1], Rep. Cleaver, Emanuel [D-MO-5], Rep. Cohen, Steve [D-TN-9], Rep. Conyers, John, Jr. [D-MI-13], Rep. Cummings, Elijah E. [D-MD-7], Rep. Davis, Danny K. [D-IL-7], Rep. DeFazio, Peter A. [D-OR-4], Rep. Delahunt, William D. [D-MA-10], Rep. Doyle, Michael F. [D-PA-14], Rep. Ellison, Keith [D-MN-5], Rep. Farr, Sam [D-CA-20], Rep. Fattah, Chaka [D-PA-2], Rep. Filner, Bob [D-CA-51], Rep. Frank, Barney [D-MA-4], Rep. Grijalva, Raúl M. [D-AZ-7], Rep. Gutierrez, Luis V. [D-IL-4], Rep. Hare, Phil [D-IL-17], Rep. Hastings, Alcee L. [D-FL-20], Rep. Hinchey, Maurice D. [D-NY-22], Sen. Hirono, Mazie K. [D-HI], Rep. Honda, Michael M. [D-CA-15], Rep. Jackson, Jesse L., Jr. [D-IL-2], Rep. Johnson, Eddie Bernice [D-TX-30], Rep. Kanjorski, Paul E. [D-PA-11], Rep. Kaptur, Marcy [D-OH-9], Rep. Kennedy, Patrick J. [D-RI-1], Rep. Kildee, Dale E. [D-MI-5], Rep. Kilpatrick, Carolyn C. [D-MI-13], Rep. Larson, John B. [D-CT-1], Rep. Lee, Barbara [D-CA-12], Rep. Lewis, John [D-GA-5], Rep. Lipinski, Daniel [D-IL-3], Rep. Lowey, Nita M. [D-NY-17], Rep. McDermott, Jim [D-WA-7], Rep. McGovern, James P. [D-MA-2], Rep. McNulty, Michael R. [D-NY-23], Rep. Miller, George [D-CA-11], Rep. Moore, Gwen [D-WI-4], Rep. Nadler, Jerrold [D-NY-12], Rep. Napolitano, Grace F. [D-CA-32], Rep. Olver, John W. [D-MA-1], Rep. Payne, Donald M. [D-NJ-10], Rep. Rahall, Nick J., II [D-WV-3]

Subjects

Energy, Taxation

Source updated

14 August 2025

Energy · Taxation

Official sourceDownload fileView documentsShare

Summary

Gas Price Spike Act of 2008 - Amends the Internal Revenue Code to impose a windfall profit tax on crude oil, natural gas, or products of crude oil or natural gas. Defines "windfall profit" as so much of the profit on a sale of crude oil, natural gas, or related products as exceeds a reasonable profit. Establishes the Reasonable Profits Board to determine levels of reasonable profit from the sale of such products. Allows a tax credit for the purchase of certain fuel-efficient, American-made passenger vehicles. Authorizes the Secretary of Transportation to make grants to operators of mass transit systems, including bus and commuter rail systems, to reduce passenger fares on such systems.

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

Timeline

  1. 8 May 2008

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 8 May 2008

    Introduced

    Referred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, 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

  3. 8 May 2008

    Introduced

    Referred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, 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

  4. 8 May 2008

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 9 May 2008

    Referred

    Referred to the Subcommittee on Highways and Transit.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 8 May 2008

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  • Introduced in House (PDF)

    Introduced in House · EN · 8 May 2008

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  • Introduced in House

    summary · EN · 8 May 2008

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Sponsors

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Related records

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Sources

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