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HR 4043 106th Congress House Energy Armed Forces and National Security Business income tax Commerce Condominium (Housing) Congress Congressional reporting requirements Cooperative housing Economic impact statements Economics and Public Finance Electric appliances Energy conservation Energy efficiency Energy supplies Energy tax credits Foreign Trade and International Finance Government trust funds Heating Home repair and improvement Housing and Community Development

Fuel Energy Affordability and Conservation Act

Introduced: March 21, 2000 See on congress.gov
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 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 29, 2000
Referred to the Subcommittee on Energy and Power.
Mar 21, 2000
Referred to the Committee on Ways and Means, and in addition to the Committee on Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 21, 2000
Sponsor introductory remarks on measure. (CR E364)
Mar 21, 2000
Introduced in House
 Plain-English summary Congressional Research Service
Fuel Energy Affordability and Conservation Act - Title I: Drawdown of Strategic Petroleum Reserve - Amends the Energy Policy and Conservation Act to cite additional circumstances for a presidential determination of when a severe energy supply interruption shall be deemed to exist.

Mandates that proceeds from sales of petroleum drawn down pursuant to such determinations be: (1) deposited in the SPR Petroleum Account; and (2) used only for specified purposes.

Directs the President to report to certain congressional committees on causes and potential consequences if the price of a barrel of crude oil exceeds $25 for a period greater than 14 days.

Title II: Credits for Energy Efficiency Improvements by Homeowners and Small Businesses - Amends the Internal Revenue Code to allow as a tax credit of 20 percent of the expenses (up to $2000) of qualified energy efficiency improvements by: (1) the taxpayer to an existing home; and (2) eligible small businesses to improvements placed in service during the taxable year.

What's happening now March 29, 2000

Referred to the Subcommittee on Energy and Power.

 Committees of jurisdiction 3
 Cosponsors 4
All 4 Democratic 3 Independent 1