Affordable Gas Price Act

Bill: 110-hr-2415
Sponsor: Rep. Paul, Ron [R-TX-14]
Introduced: 2007-05-21 in the House
Policy area: Energy
Subjects: Alaska
Animals
Appropriations
Building construction
Central Asia
Commerce
Congressional reporting requirements
Continental shelf
Depreciation and amortization
Economics and Public Finance
Energy development
Energy prices
Environmental Protection
Environmental assessment
Excise tax
Foreign Trade and International Finance
Gas in submerged lands
Gasoline
Government trust funds
Governmental investigations
Judicial review
Kazakhstan
Law
Marine and coastal resources, fisheries
Mining engineering
Mining leases
Monetary policy
Natural gas
Normal trade relations
Oil and gas leases
Petroleum
Petroleum in submerged lands
Petroleum refineries
Prospecting
Public Lands and Natural Resources
Russia
Tax credits
Tax deductions
Tax exemption
Taxation
Travel costs
Wildlife refuges

Summary:
action_date: 2007-05-21
text: 
Affordable Gas Price Act - Declares without force or effect all provisions of existing federal law that prohibit spending appropriated funds to conduct oil or natural gas leasing and preleasing activities for any area of the Outer Continental Shelf.
 
Revokes all existing withdrawals by the President under the authority of the Outer Continental Shelf Lands Act.
 
Amends the Alaska National Interest Lands Conservation Act to repeal: (1) the withdrawal of public lands within the Coastal Plain from entry or appropriation under federal mining or mineral leasing laws; and (2) the prohibition against the production, leasing, and development of oil and gas from the Arctic National Wildlife Refuge (ANWR).
 
Amends the National Environmental Policy Act of 1969 to shield from judicial review mandatory statements by certain federal officials regarding the environmental impact of federal actions upon the quality of the human environment.
 
Amends the Internal Revenue Code to: (1) set forth additional incentives for investment in oil refineries; (2) suspend the tax on highway motor fuels when retail gasoline exceeds a certain benchmark; and (3) increase mileage reimbursement rates.
 
Authorizes the President to extend normal trade relations treatment to the products of the Russian Federation and Kazakhstan.


Legislative actions:
action_date: 2007-05-30
text: Referred to the Subcommittee on Energy and Mineral Resources.
action_date: 2007-05-21
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, and Financial Services, 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: 2007-05-21
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, and Financial Services, 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: 2007-05-21
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, and Financial Services, 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: 2007-05-21
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, and Financial Services, 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: 2007-05-21
text: Sponsor introductory remarks on measure. (CR E1107)
action_date: 2007-05-21
text: Introduced in House
action_date: 2007-05-21
text: Introduced in House