HR 3664
109th Congress
House
Taxation
Appropriations
Commerce
Department of Health and Human Services
Economics and Public Finance
Energy
Energy assistance for the poor
Excess profits tax
Executive reorganization
Federal advisory bodies
Gas industry
Government Operations and Politics
Natural gas
Petroleum
Petroleum industry
Social Welfare
Consumer Reasonable Energy Price Protection Act of 2005
Introduced: September 7, 2005
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 7, 2005
Referred to the Committee on Ways and Means, and in addition to the Committee on Appropriations, 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.
Sep 7, 2005
Introduced in House
Plain-English summary
Consumer Reasonable Energy Price Protection Act of 2005 - 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 profit as exceeds a reasonable profit. Establishes a Reasonable Profits Board to determine reasonable profit. Dedicates the proceeds of such tax to the low-income home energy assistance program.
What's happening now
Referred to the Committee on Ways and Means, and in addition to the Committee on Appropriations, 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.
Committees of jurisdiction
2
Cosponsors
1