End Polluter Welfare Act of 2020

Bill: 116-hr-7781
Sponsor: Rep. Omar, Ilhan [D-MN-5]
Introduced: 2020-07-24 in the House
Policy area: Energy
Subjects: Accounting and auditing
Administrative law and regulatory procedures
Advanced technology and technological innovations
Agricultural prices, subsidies, credit
Air quality
Alternative and renewable resources
Banking and financial institutions regulation
Business expenses
Business investment and capital
Capital gains tax
Cardiovascular and respiratory health
Climate change and greenhouse gases
Coal
Competitiveness, trade promotion, trade deficits
Congressional oversight
Corporate finance and management
Credit and credit markets
Department of Energy
Department of the Interior
Department of the Treasury
Electric power generation and transmission
Emergency medical services and trauma care
Energy prices
Energy research
Energy revenues and royalties
Energy storage, supplies, demand
Executive agency funding and structure
Export-Import Bank of the United States
Financial services and investments
Foreign and international corporations
Foreign loans and debt
Government information and archives
Government lending and loan guarantees
Government studies and investigations
Government trust funds
Gulf of Mexico
Hazardous wastes and toxic substances
Income tax credits
Income tax deductions
Infectious and parasitic diseases
Interest, dividends, interest rates
Marine and coastal resources, fisheries
Marine pollution
Military procurement, research, weapons development
Mining
Montana
Motor fuels
Multilateral development programs
Navigation, waterways, harbors
Oil and gas
Pipelines
Pollution liability
Public contracts and procurement
Public participation and lobbying
Railroads
Research administration and funding
Research and development
Rural conditions and development
Sales and excise taxes
Securities
Solid waste and recycling
Strategic materials and reserves
Tax administration and collection, taxpayers
Taxation of foreign income
Transportation programs funding
Worker safety and health
Wyoming

Summary:
action_date: 2020-07-24
text: 

End Polluter Welfare Act of 2020 

 
This bill limits or eliminates certain fossil fuel oil and gas subsidies for oil companies, including by (1) eliminating the authority of the Department of Energy to carry out the Fossil Energy Research and Development Program; (2) expanding the definition of 
crude oil
 for purposes of the excise tax on petroleum and petroleum products to include any oil derived from a bitumen or bituminous mixture (tar sands), any liquid fuel derived from coal, and any oil derived from kerogen-bearing sources (oil shale); (3) limiting the financial assistance that such companies may receive from programs that provide relief to businesses affected by the COVID-19 (i.e., coronavirus disease 2019) pandemic; (4) terminating certain tax incentives relating to fossil fuels, including the percentage depletion allowance and capital gains treatment for royalties from coal; and (5) increasing the Oil Spill Liability Trust Fund financing rate.


Legislative actions:
action_date: 2020-09-03
text: Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
action_date: 2020-09-03
text: Referred to the Subcommittee on Select Revenue Measures.
action_date: 2020-08-21
text: Referred to the Subcommittee on National Parks, Forests, and Public Lands.
action_date: 2020-08-21
text: Referred to the Subcommittee on Energy and Mineral Resources.
action_date: 2020-07-27
text: Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
action_date: 2020-07-24
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Transportation and Infrastructure, Science, Space, and Technology, Energy and Commerce, Agriculture, Financial Services, the Judiciary, Appropriations, and Foreign Affairs, 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: 2020-07-24
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Transportation and Infrastructure, Science, Space, and Technology, Energy and Commerce, Agriculture, Financial Services, the Judiciary, Appropriations, and Foreign Affairs, 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: 2020-07-24
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Transportation and Infrastructure, Science, Space, and Technology, Energy and Commerce, Agriculture, Financial Services, the Judiciary, Appropriations, and Foreign Affairs, 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: 2020-07-24
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Transportation and Infrastructure, Science, Space, and Technology, Energy and Commerce, Agriculture, Financial Services, the Judiciary, Appropriations, and Foreign Affairs, 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: 2020-07-24
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Transportation and Infrastructure, Science, Space, and Technology, Energy and Commerce, Agriculture, Financial Services, the Judiciary, Appropriations, and Foreign Affairs, 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: 2020-07-24
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Transportation and Infrastructure, Science, Space, and Technology, Energy and Commerce, Agriculture, Financial Services, the Judiciary, Appropriations, and Foreign Affairs, 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: 2020-07-24
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Transportation and Infrastructure, Science, Space, and Technology, Energy and Commerce, Agriculture, Financial Services, the Judiciary, Appropriations, and Foreign Affairs, 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: 2020-07-24
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Transportation and Infrastructure, Science, Space, and Technology, Energy and Commerce, Agriculture, Financial Services, the Judiciary, Appropriations, and Foreign Affairs, 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: 2020-07-24
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Transportation and Infrastructure, Science, Space, and Technology, Energy and Commerce, Agriculture, Financial Services, the Judiciary, Appropriations, and Foreign Affairs, 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: 2020-07-24
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Transportation and Infrastructure, Science, Space, and Technology, Energy and Commerce, Agriculture, Financial Services, the Judiciary, Appropriations, and Foreign Affairs, 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: 2020-07-24
text: Introduced in House
action_date: 2020-07-24
text: Introduced in House