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H.R. 4420 109th Congress House

To repeal tax subsidies enacted by the Energy Policy Act of 2005 for oil and gas, to repeal certain other oil and gas subsidies in the Internal Revenue Code of 1986, and to use the proceeds to carry…

Official title: To repeal tax subsidies enacted by the Energy Policy Act of 2005 for oil and gas, to repeal certain other oil and gas subsidies in the Internal Revenue Code of… Show full official titleShow less

Official title: To repeal tax subsidies enacted by the Energy Policy Act of 2005 for oil and gas, to repeal certain other oil and gas subsidies in the Internal Revenue Code of 1986, and to use the proceeds to carry out the Low-Income Home Energy Assistance Act of 1981 and to provide weatherization assistance.

Introduced: November 18, 2005 Introduced by: Bernard Sanders Independent · Vermont See on congress.gov
Energy Alternative energy sourcesAppropriationsCommerceDepartment of Energy
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Department of Health and Human ServicesDepreciation and amortizationDiesel motorEconomics and Public FinanceEnergy assistance for the poorEnergy conservationEnergy efficiencyEnvironmental ProtectionFederal budgetsGas industryGovernment Operations and PoliticsHome repair and improvementHousing and Community DevelopmentNatural gasOff-budget expendituresOil well drillingPetroleumPetroleum engineeringPetroleum industryPetroleum refineriesSecondary recovery of gasSecondary recovery of oilSocial WelfareSulphurTax creditsTax deductionsTransportation and Public Works
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This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) 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 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 27, 2006
Referred to the Subcommittee on Education Reform.
Dec 2, 2005
Referred to the Subcommittee on Energy and Air Quality, for a period to be subsequently determined by the Chairman.
Nov 18, 2005
Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Education and the Workforce, and the Budget, 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.
Nov 18, 2005
Introduced in House
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 Latest action March 27, 2006

Referred to the Subcommittee on Education Reform.

 Plain-English summary Congressional Research Service

Amends the Energy Policy Act of 2005 to repeal tax provisions that allow: (1) a taxpayer election to expense 50% of the cost of crude oil refinery property with a specified production capacity placed in service before January 1, 2008; and (2) the amortization of geological and geophysical expenditures for the exploration for, or development of, oil or gas within the United States over a 24-month period.

Amends the Internal Revenue Code to repeal: (1) enhanced oil recovery credits; (2) credit for production of low sulphur diesel fuel; (3) credit for producing fuel from a nonconventional source; (4) the deduction for capital costs incurred in complying with Environmental Protection Agency sulfur regulations; and (5) the deduction of expenses for intangible drilling and development costs for oil wells, gas wells, and geothermal wells.

Appropriates specified amounts to: (1) the Secretary of Health and Human Services for allotment of emergency funds for low-income home energy assistance, and (2) the Secretary of Energy to carry out weatherization assistance.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 6
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APA
U.S. Congress. (2026). H.R. 4420: To repeal tax subsidies enacted by the Energy Policy Act of 2005 for oil and gas, to repeal certain other oil and gas subsidies in the Internal Revenue Code of 1986, and to use the proceeds to carry out the Low-Income Home Energy Assistance Act of 1981 and to provide weatherization assistance.. 109th Congress. Open America. https://openamerica.io/bill/109-HR-4420/
MLA
"H.R. 4420: To repeal tax subsidies enacted by the Energy Policy Act of 2005 for oil and gas, to repeal certain other oil and gas subsidies in the Internal Revenue Code of 1986, and to use the proceeds to carry out the Low-Income Home Energy Assistance Act of 1981 and to provide weatherization assistance.." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-4420/.
Bluebook (legal)
H.R. 4420, 109th Cong. (2026), https://openamerica.io/bill/109-HR-4420/.
Markdown link
[H.R. 4420: To repeal tax subsidies enacted by the Energy Policy Act of 2005 for oil and gas, to repeal certain other oil and gas subsidies in the Internal Revenue Code of 1986, and to use the proceeds to carry out the Low-Income Home Energy Assistance Act of 1981 and to provide weatherization assistance.](https://openamerica.io/bill/109-HR-4420/)
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