HR 5553
116th Congress
House
Transportation and Public Works
Administrative law and regulatory procedures
Oil and gas
Railroads
Transportation safety and security
Crude by Rail Volatility Standard Act
Introduced: January 8, 2020
Introduced by:
Garamendi, John
Democratic
· California
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 9, 2020
Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Jan 8, 2020
Referred to the House Committee on Transportation and Infrastructure.
Jan 8, 2020
Introduced in House
Plain-English summary
Crude by Rail Volatility Standard Act
This bill establishes a maximum volatility standard for crude oil.
Specifically, the bill
- prohibits the transportation by rail of crude oil with Reid vapor pressure (a measure of gasoline's volatility) of more than 9.5 pounds per square inch (the maximum volatility set by the New York Mercantile Exchange for crude oil futures contracts), and
- directs the Pipeline and Hazardous Materials Safety Administration to finalize a rule setting a maximum volatility standard for crude oil and other hazardous materials transported by rail.
What's happening now
Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Committees of jurisdiction
2