Organization of Petroleum Exporting Countries Oil Price Reduction Act

Summary

Organization of Petroleum Exporting Countries Oil Price Reduction Act - Provides that if the Organization of Petroleum Exporting Countries increases its publicly announced price for crude oil, natural gas, or products between September 1, 1975, and December 1, 1975, then the President shall reduce, but not below zero, the amount of any duty, license fee, supplemental fee, or other charge, imposed under the Trade Expansion Act, on imports of such oil, gas, or products by an amount equal to such increase.

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Timeline

1. 30 September 1975

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 30 September 1975

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 30 September 1975

  Open at official source

Sponsors

• Sen. Humphrey, Hubert H. [D-MN] · D · Sponsor
• · ssfi00 · Standing

Related records

• related to → Organization of Petroleum Exporting Countries Oil Price Reduction Act