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United States · Bill · HR

H.R. 6763 (96th)

A bill to amend the Emergency Petroleum Allocation Act of 1973 as amended, to exempt from the regulation under section 4 of that Act heavy crude oil which has a weighted average gravity of 25 degrees (API) or less, and to exempt such crude oil from any Federal windfall profit tax.

referredUnited States· United States Congress· EN

Introduced

11 March 1980

Last action

11 March 1980 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Rep. Dannemeyer, William E. [R-CA-39], Rep. Dornan, Robert K. [R-CA-46], Rep. Lungren, Daniel E. [R-CA-3], Rep. Miller, Clarence E. [R-OH-10], Sen. Lott, Trent [R-MS], Sen. Symms, Steven D. [R-ID], Rep. Thomas, William M. [R-CA-21], Rep. Forsythe, Edwin B. [R-NJ-6], Rep. Corcoran, Tom [R-IL-14], Rep. Livingston, Bob [R-LA-1], Rep. Collins, James M. [R-TX-3], Rep. Grisham, Wayne R. [R-CA-33], Rep. Hance, Kent R. [D-TX-19], Rep. Lagomarsino, Robert J. [R-CA-19], Rep. Crane, Philip M. [R-IL-8]

Subjects

Energy

Source updated

7 February 2024

Energy

Official sourceView documentsShare

Summary

Amends the Emergency Petroleum Allocation Act of 1973 to exempt the first sale of heavy crude oil from the mandatory allocation regulations promulgated under such Act. Provides that such exemption shall not be subject to the President's authority to reimpose allocation requirements on any exempt oil. Exempts heavy crude oil from any Federal windfall profit tax or other Federal excise tax.

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

Timeline

  1. 11 March 1980

    Introduced

    Referred to House Committee on Interstate and Foreign Commerce.

    Source: IntroReferral

  2. 11 March 1980

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 11 March 1980

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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