H.R. 214 · 114th Congress
Tar Sands Tax Loophole Elimination Act
- Stage
- In committee
- Sponsor
- Earl Blumenauer
- Introduced
- 2015-01-08
- Latest action
- 2015-01-09 · Sponsor introductory remarks on measure.
Summary
Tar Sands Tax Loophole Elimination Act
This bill amends the Internal Revenue Code to expand the definition of "crude oil" for purposes of the excise tax on petroleum and petroleum products to include any bitumen or bituminous mixture, any oil derived from a bitumen or bituminous mixture (tar sands), and any oil derived from kerogen-bearing sources (oil shale).