IV 
111TH CONGRESS 
2D SESSION 
H. RES. 1374 
Providing that all revenue derived from the excise tax on oil production 
should continue to pay for the cleanup of, and the damages incurred 
by all individuals, businesses, States, municipalities, and natural re-
sources negatively impacted by, the current oil spill in the Gulf of 
Mexico and any future spills. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 19, 2010 
Mr. CASSIDY submitted the following resolution; which was referred to the 
Committee on Ways and Means, and in addition to the Committee on 
Transportation and Infrastructure, for a period to be subsequently deter-
mined by the Speaker, in each case for consideration of such provisions 
as fall within the jurisdiction of the committee concerned 
RESOLUTION 
Providing that all revenue derived from the excise tax on 
oil production should continue to pay for the cleanup 
of, and the damages incurred by all individuals, busi-
nesses, States, municipalities, and natural resources neg-
atively impacted by, the current oil spill in the Gulf 
of Mexico and any future spills. 
Whereas the Oil Spill Liability Trust Fund is financed by an 
8-cents-per-barrel tax on oil produced domestically or im-
ported; 
Whereas the purpose of the Oil Spill Liability Trust Fund is 
to pay uncompensated removal costs and damages result-
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•HRES 1374 IH 
ing from oil spills to the navigable waters of the United 
States; 
Whereas the White House stated on May 12, 2010, that 
‘‘The Oil Spill Liability Trust Fund ensures that there 
are sufficient resources available to pay for clean-up and 
damages associated with an oil spill’’; 
Whereas an article in the May 14, 2010, edition of Politico 
stated that— 
(1) Senate ‘‘tax writers demanded billions more from 
Big Oil to address future spills—and, well, oil the . . . 
budget machinery’’; and 
(2) ‘‘House tax writers are shooting [to raise] closer 
to $10 billion over the next decade to meet their budget 
targets’’; 
Whereas an article in the May 13, 2010, edition of Congres-
sional Quarterly, entitled ‘‘Oil Companies Enter Cross 
Hairs as Lawmakers Seek Tax Break Offsets’’, reported 
that— 
(1) ‘‘tax writers are considering a plan to as much 
as quadruple the size of an industrywide excise tax on oil 
production as they try to finalize a package of tax cut 
and economic aid extensions’’; 
(2) ‘‘targeting oil companies for tax revenue in the 
aftermath of the Gulf Coast oil spill’’ would help ‘‘pay for 
the costs of the tax ‘extenders’ and spending bill’’; 
(3) one member of the Senate Committee on Fi-
nance ‘‘said that the 8-cents-per-barrel excise tax, which 
finances the Oil Spill Liability Trust Fund, could be 
raised to between 24 and 32 cents per barrel’’; and 
(4) the chairman of the Senate Committee on Fi-
nance ‘‘confirmed that an increase in the excise tax was 
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•HRES 1374 IH 
under consideration as part of the extenders bill’’: Now, 
therefore, be it 
Resolved, That it is the policy of the House of Rep-
resentatives that any revenue derived from the excise tax 
on oil production— 
(1) should continue to pay for the cleanup of, 
and the damages incurred by all individuals, busi-
nesses, States, municipalities, and natural resources 
negatively impacted by, the current oil spill in the 
Gulf of Mexico and any future spills; and 
(2) should not be used by Congress to fund un-
related policies and programs. 
Æ 
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