Consumer Reasonable Energy Price Protection Act of 2008
To amend the Internal Revenue Code of 1986 to impose a windfall profit tax on oil and natural gas (and products thereof) and to appropriate the proceeds for the Low-Income Home Energy Assistance Program.
Other Bill Titles (2 more) 4/15/2008--Introduced.
Consumer Reasonable Energy Price Protection Act of 2008 - Amends the Internal Revenue Code to impose a windfall profit tax on crude oil, natural gas, or fuel which is the product of crude oil or natural gas. Defines "windfall profit" as so much of the p... moreSee Full Bill Text
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This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by House | ![]() | Voted on by Senate | ![]() | Considered By President | ![]() | Bill Becomes Law |
| April 15, 2008 |
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In the News
April 30, 2008 Kanjorski bill would tax windfall oil and gas industry profits
WILKES-BARRE - Congressman Paul E. Kanjorski (D-11) announced his introduction of HR 5800, the Consumer Reasonable Energy Price Protection Act of 2008. ...
Blog Coverage
August 03, 2008 Political and Social News, Views, and Clues: PA Rep Paul Kanjorski ...
I introduced H.R. 5800, the Consumer Reasonable Energy Price Protection Act. This legislation would impose a windfall profits tax to create an incentive for oil companies to keep prices low for consumers. ...
June 11, 2008 26 new messages in 19 topics - digest
HR 5800 : Consumer Reasonable Energy Price Protection Act of 2008. : SEC. 3. REASONABLE PROFITS BOARD. : (a) Establishment- There is established an independent board to : be known as the `Reasonable Profits Board' (hereafter in this ...
June 04, 2008 So Just How Mind Numbingly Stupid Does One Have To Be To Vote For ...
Kanjorksi (D - PA), the fool that is trying to foist off HR 5800 as some sort of supposed relief to gasoline consumers proving yet again that socialists do not, can not understand simple economics... Next consider Kanjorski's positively ...
Source: Partially Biased Observations










