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End Polluter Welfare Act of 2020

Introduced: July 24, 2020 Introduced by: Omar, Ilhan Democratic · Minnesota See on congress.gov
 Everywhere this bill has been 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 3, 2020
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Sep 3, 2020
Referred to the Subcommittee on Select Revenue Measures.
Aug 21, 2020
Referred to the Subcommittee on National Parks, Forests, and Public Lands.
Aug 21, 2020
Referred to the Subcommittee on Energy and Mineral Resources.
Jul 27, 2020
Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Jul 24, 2020
Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Transportation and Infrastructure, Science, Space, and Technology, Energy and Commerce, Agriculture, Financial Services, the Judiciary, Appropriations, and Foreign Affairs, 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.
Jul 24, 2020
Introduced in House
 Plain-English summary Congressional Research Service

End Polluter Welfare Act of 2020

This bill limits or eliminates certain fossil fuel oil and gas subsidies for oil companies, including by (1) eliminating the authority of the Department of Energy to carry out the Fossil Energy Research and Development Program; (2) expanding the definition of crude oil for purposes of the excise tax on petroleum and petroleum products to include any oil derived from a bitumen or bituminous mixture (tar sands), any liquid fuel derived from coal, and any oil derived from kerogen-bearing sources (oil shale); (3) limiting the financial assistance that such companies may receive from programs that provide relief to businesses affected by the COVID-19 (i.e., coronavirus disease 2019) pandemic; (4) terminating certain tax incentives relating to fossil fuels, including the percentage depletion allowance and capital gains treatment for royalties from coal; and (5) increasing the Oil Spill Liability Trust Fund financing rate.

What's happening now September 3, 2020

Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

 Committees of jurisdiction 15