U.S. Congress - H.R.6000 Gas Price Spike Act of 2008
H.R.6000 - Gas Price Spike 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 allow an income tax credit for purchases of fuel-efficient passenger vehicles, and to allow grants for mass transit. view all titles (2)
All Bill Titles
- Short: Gas Price Spike Act of 2008 as introduced.
- Official: To amend the Internal Revenue Code of 1986 to impose a windfall profit tax on oil and natural gas (and products thereof) and to allow an income tax credit for purchases of fuel-efficient passenger vehicles, and to allow grants for mass transit. as introduced.
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Official Summary
5/8/2008--Introduced.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 relatOfficial Summary
5/8/2008--Introduced.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.
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H.R.6000: Thou Shalt Not Kill Thy Customers Act - U.S. Congress ...
Or, if you know of a news article about this bill to display here, email us the web address of this page and the web address of your suggested news article: Our editorial team will post relevant links as quickly as possible. Thanks for helping to build pub
PORK! - LIKE IT OR NOT! - October 03, 2008
Dennis Kucinich proposed HR 6000 IH to the 110th Congress to impose a windfall profit tax on oil and natural gas, and products thereof, which, if passed, would have driven the price of oil and gas up even more. Companies pass their tax ...
coachella valley train meeting report and photos
he went on to say that two pieces of pending federal legislation sb294 and hr 6000 amtrak reauthorization including capitol improvements and 80 â 20 federal state funding is winding its way through congress. this would be a benefit for ...
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