HR 1712
112th Congress
House
Taxation
Income tax deductions
Motor fuels
Motor vehicles
Oil and gas
Retail and wholesale trades
Job Creation and Energy Security Act of 2011
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 4, 2011
Referred to the House Committee on Ways and Means.
May 4, 2011
Introduced in House
Plain-English summary
Job Creation and Energy Security Act of 2011 - Amends the Internal Revenue Code to exempt sales of natural gas, or any product derived from natural gas, for use in motor vehicles from the $5 million retail sales limitation applicable to independent producers of petroleum products for purposes of the oil and gas depreciation allowance.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1