No More Excuses Energy Act of 2007

Bill: 110-hr-3089
Sponsor: Rep. Thornberry, Mac [R-TX-13]
Introduced: 2007-07-18 in the House
Policy area: Energy
Subjects: Administrative procedure
Air pollution control
Alaska
Animals
Bonds
Carbon dioxide
Coastal zone
Continental shelf
Department of the Treasury
Depreciation and amortization
Easements
Economics and Public Finance
Electric power production
Energy transportation
Environmental Protection
Federal-state relations
Finance and Financial Sector
Gas in submerged lands
Government Operations and Politics
Government trust funds
Grants-in-aid
Income tax
Intergovernmental fiscal relations
Land transfers
Law
Licenses
Marine and coastal resources, fisheries
Natural gas
Nuclear energy
Oil and gas leases
Oil and gas royalties
Petroleum in submerged lands
Petroleum refineries
Public Lands and Natural Resources
Radioactive wastes
Right-of-way
State finance
Tax credits
Tax deductions
Taxation
Transportation and Public Works
Wildlife refuges
Wind power

Summary:
action_date: 2007-07-18
text: 
No More Excuses Energy Act of 2007 - Requires the Secretary of the Treasury to prescribe regulations for the taxpayer election to expense the cost of certain refinery property not later than 60 days after the enactment of this Act. 

Amends the Internal Revenue Code to: (1) allow the issuance of tax exempt facility bonds for the financing of domestic use oil refinery facilities; (2) extend through 2018 the tax credit for producing electricity from wind facilities; and (3) allow tax credits for the production of electricity from nuclear energy, natural gas production, and carbon dioxide tertiary injectant processes.

Requires the President to designate at least 10 sites for oil or natural gas refineries on federal lands and make such sites available to the private sector for construction of refineries. 

Prohibits the Nuclear Regulatory Commission from denying an application for nuclear waste disposal on the grounds of present or future insufficient capacity.

Terminates all existing federal laws prohibiting expenditures to conduct oil and natural gas leasing and preleasing activities in the Outer Continental Shelf. 

American-Made Energy and Good Jobs Act - Directs the Secretary of the Interior to establish and implement a competitive oil and gas leasing program in the Coastal Plain of Alaska.

Repeals the prohibition against producing oil and gas from the Arctic National Wildlife Refuge.

Sets forth requirements for the sale of oil and natural gas leases in the Coastal Plain, environmental protection, transportation easements, and royalty payments to Alaska.

Establishes in the Treasury the Coastal Plain Local Government Impact Aid Assistance Fund to assist Alaska jurisdictions that are directly impacted by oil and gas exploration and production in the Coastal Plain.


Legislative actions:
action_date: 2008-06-10
text: Motion to Discharge Committee filed by Mr. Walberg. Petition No: 110-8. (<a href="http://clerk.house.gov/110/lrc/pd/Petitions/Dis8.htm">Discharge petition</a> text with signatures.)
action_date: 2007-07-23
text: Referred to the Subcommittee on Energy and Mineral Resources.
action_date: 2007-07-18
text: Referred to the Subcommittee on Energy and Air Quality.
action_date: 2007-07-18
text: Referred to the Committee on Natural Resources, and in addition to the Committees on Ways and Means, 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.
action_date: 2007-07-18
text: Referred to the Committee on Natural Resources, and in addition to the Committees on Ways and Means, 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.
action_date: 2007-07-18
text: Referred to the Committee on Natural Resources, and in addition to the Committees on Ways and Means, 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.
action_date: 2007-07-18
text: Referred to the Committee on Natural Resources, and in addition to the Committees on Ways and Means, 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.
action_date: 2007-07-18
text: Introduced in House
action_date: 2007-07-18
text: Introduced in House