End Polluter Welfare Act of 2021
- Last Action
- 5/26/2021
Actions
- 2021-05-26Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
- 2021-05-19Referred to the Subcommittee on Energy and Mineral Resources.
- 2021-03-22Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
- 2021-03-19Referred to the Subcommittee on Energy.
- 2021-03-19Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Transportation and Infrastructure, Financial Services, Science, Space, and Technology, Agriculture, and Energy and Commerce, 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.
- 2021-03-19Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Transportation and Infrastructure, Financial Services, Science, Space, and Technology, Agriculture, and Energy and Commerce, 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.
- 2021-03-19Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Transportation and Infrastructure, Financial Services, Science, Space, and Technology, Agriculture, and Energy and Commerce, 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.
- 2021-03-19Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Transportation and Infrastructure, Financial Services, Science, Space, and Technology, Agriculture, and Energy and Commerce, 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.
- 2021-03-19Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Transportation and Infrastructure, Financial Services, Science, Space, and Technology, Agriculture, and Energy and Commerce, 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.
- 2021-03-19Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Transportation and Infrastructure, Financial Services, Science, Space, and Technology, Agriculture, and Energy and Commerce, 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.
- 2021-03-19Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Transportation and Infrastructure, Financial Services, Science, Space, and Technology, Agriculture, and Energy and Commerce, 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.
- 2021-03-19Introduced in House
- 2021-03-19Introduced in House
CRS Summary
As of 2021-03-19 (00)
End Polluter Welfare Act of 2021
This bill limits or eliminates certain fossil fuel oil and gas subsidies for oil companies, including by (1) eliminating the limit on liability for offshore facilities and pipeline operators; (2) eliminating the authority of the Department of Energy to carry out the Fossil Energy Research and Development Program and prohibiting funds made available to the Advanced Research Project Agency from being used to carry out any project that supports fossil fuels; (3) terminating certain provisions relating to enhanced oil recovery, producing oil and natural gas from marginal wells, and limitations on percentage depletion for oil and natural gas wells; (4) terminating other deductions and accounting methods supporting oil, natural gas, and coal companies; (5) increasing the Oil Spill Liability Trust Fund financing rate; (6) denying a tax deduction for removal costs and damages relating to oil spills; (7) imposing an excise tax on the removal price of any taxable crude oil or natural gas; (8) increasing amortization periods for tertiary injectant expenses, development expenditures of a mine or other natural deposit, mining exploration expenditures, and intangible drilling and development costs for oil and gas wells and geothermal wells; (9) repealing the tax credits for the production of electricity from refined coal and for carbon oxide sequestration; and (10) requiring a study and elimination of certain other fossil fuel subsidies.
Cosponsors (20)
- Ro Khanna (D-CA)
- Nanette Barragan (D-CA)
- EARL BLUMENAUER (D-OR)
- Jamaal Bowman (D-NY)
- Emanuel Cleaver (D-MO)
- ELEANOR NORTON (D-DC)
- Mondaire Jones (D-NY)
- Alan Lowenthal (D-CA)
- Chellie Pingree (D-ME)
- Ayanna Pressley (D-MA)
- BRAD SHERMAN (D-CA)
- Mark Takano (D-CA)
- Adriano Espaillat (D-NY)
- Rashida Tlaib (D-MI)
- Alexandria Ocasio-Cortez (D-NY)
- Cori Bush (D-MO)
- Steve Cohen (D-TN)
- Jamie Raskin (D-MD)
- Marie Newman (D-IL)
- Jake Auchincloss (D-MA)
Subjects
- Accounting and auditing
- Administrative law and regulatory procedures
- Advanced technology and technological innovations
- Agricultural prices, subsidies, credit
- Air quality
- Alternative and renewable resources
- Business expenses
- Business investment and capital
- Capital gains tax
- Climate change and greenhouse gases
- Coal
- Competitiveness, trade promotion, trade deficits
- Congressional oversight
- Corporate finance and management
- Department of Energy
- Department of the Interior
- Department of the Treasury
- Electric power generation and transmission
- Energy prices
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.