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HR 659 101th Congress House

Energy Security Tax Act of 1989

Official title: To amend the Internal Revenue Code of 1986 to impose a fee on the importation of crude oil or refined petroleum products.

Introduced: September 18, 1990 See on congress.gov
Taxation Energy policyExcise taxFeedstockFees
More subjectsShow fewer subjects
Foreign Trade and International FinanceImportsPetrochemicalsPetroleumPetroleum industry
This bill died when the 101st Congress ended
It never became law before the 101st Congress (1989–1990) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 27, 1989
Referred to the House Committee on Ways and Means.
Jan 27, 1989
Introduced in House
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 Latest action January 27, 1989

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Energy Security Tax Act of 1989 - Amends the Internal Revenue Code to impose an excise tax on the first sale within the United States of imports of: (1) crude oil; (2) refined petroleum products; and (3) petrochemical feedstocks or petrochemical derivatives.

Sets the rate of the tax as the difference between $22 per barrel ($24.50 for petroleum and petrochemical products) and the most recently published average price of a barrel of internationally traded oil, as determined by the Secretary of the Treasury in accordance with a specified formula.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 659: Energy Security Tax Act of 1989. 101st Congress. Open America. https://openamerica.io/bill/101-HR-659/
MLA
"H.R. 659: Energy Security Tax Act of 1989." 101st Congress, 2026, Open America, https://openamerica.io/bill/101-HR-659/.
Bluebook (legal)
H.R. 659, 101st Cong. (2026), https://openamerica.io/bill/101-HR-659/.
Markdown link
[H.R. 659: Energy Security Tax Act of 1989](https://openamerica.io/bill/101-HR-659/)
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