3.0.0 4263 2023-01-13T04:49:42Z 2023-01-13T04:49:42Z House H HR 2005-11-09 109 hsed00 Education and the Workforce Committee House Standing hsed14 Early Childhood, Elementary, and Secondary Education Subcommittee Referred to 2006-03-24T21:02:02Z Referred to 2005-11-09T15:04:00Z hsif00 Energy and Commerce Committee House Standing hsif03 Energy, Climate and Grid Security Subcommittee Referred to 2005-11-22T21:10:10Z Referred to 2005-11-09T15:03:50Z hswm00 Ways and Means Committee House Standing Referred to 2005-11-09T15:03:45Z Gas Price Spike Act of 2005 109 2070 HR 2006-05-03 Sponsor introductory remarks on measure. (CR H1986-1987) Related bill CRS Gasoline Price Stabilization Act of 2005 109 3544 HR 2005-08-08 Referred to the Subcommittee on Energy and Mineral Resources. Related bill CRS Consumer Reasonable Energy Price Protection Act of 2005 109 3664 HR 2005-09-07 Referred to the Committee on Ways and Means, and in addition to the Committee on Appropriations, 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. Related bill CRS Gas Price Relief Act of 2005 109 3752 HR 2005-09-13 Referred to the House Committee on Ways and Means. Related bill CRS Windfall Profits Rebate Act of 2005 109 4203 HR 2005-11-02 Referred to the House Committee on Ways and Means. Related bill CRS To amend the Internal Revenue Code of 1986 to impose a temporary windfall profit tax on crude oil and to use the proceeds to carry out the Low-Income Home Energy Assistance Act of 1981. 109 4248 HR 2006-03-24 Referred to the Subcommittee on Education Reform. Related bill CRS Consumer Windfall Excess Oil Profits Protection Act of 2005 109 4276 HR 2006-03-24 Referred to the Subcommittee on Education Reform. Related bill CRS Consumer Energy Assistance and Fairness Act of 2005 109 4449 HR 2006-03-27 Referred to the Subcommittee on Education Reform. Related bill CRS Windfall Profits Rebate Act of 2005 109 1631 S 2006-02-15 Sponsor introductory remarks on measure. (CR S1346) Related bill CRS Recapture Excess Profits and Invest in Relief (REPAIR) Act of 2005 109 1809 S 2005-10-03 Read twice and referred to the Committee on Finance. Related bill CRS Windfall Profits Tax Act of 2005 109 1981 S 2006-04-25 Sponsor introductory remarks on measure. (CR S3441) Related bill CRS A bill to impose a temporary windfall profits tax on crude oil and provide a rebate to each household from the revenues resulting from such tax. 109 2103 S 2005-12-14 Read twice and referred to the Committee on Finance. Related bill CRS 2006-04-26 Motion to Discharge Committee filed by Mr. Markey. Petition No: 109-12. (<a href="http://clerk.house.gov/109/lrc/pd/Petitions/Dis12.htm">Discharge petition</a> text with signatures.) Discharge H17000 2 House floor actions 2006-03-24 hsed14 Early Childhood, Elementary, and Secondary Education Subcommittee 1 House committee actions Referred to the Subcommittee on Education Reform. Committee 2005-11-22 hsif03 Energy, Climate and Grid Security Subcommittee 1 House committee actions Referred to the Subcommittee on Energy and Air Quality, for a period to be subsequently determined by the Chairman. Committee 2005-11-09 Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Education and the Workforce, 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. IntroReferral H11100 2 House floor actions hsed00 Education and the Workforce Committee 2005-11-09 Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Education and the Workforce, 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. IntroReferral H11100 2 House floor actions hsif00 Energy and Commerce Committee 2005-11-09 Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Education and the Workforce, 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. IntroReferral H11100-A 9 Library of Congress 2005-11-09 Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Education and the Workforce, 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. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2005-11-09 Sponsor introductory remarks on measure. (CR E2309) IntroReferral B00100 9 Library of Congress 2005-11-09 Introduced in House IntroReferral Intro-H 9 Library of Congress 2005-11-09 Introduced in House IntroReferral 1000 9 Library of Congress M000133 Rep. Markey, Edward J. [D-MA-7] Edward Markey D MA J. 7 N E000287 Rep. Emanuel, Rahm [D-IL-5] Rahm Emanuel D IL 5 2005-11-09 True S000033 Rep. Sanders, Bernard [I-VT-At Large] Bernard Sanders I VT 0 2005-11-09 True N000002 Rep. Nadler, Jerrold [D-NY-8] JERROLD NADLER D NY 8 2005-11-09 True H000627 Rep. Hinchey, Maurice D. [D-NY-22] MAURICE HINCHEY D NY D. 22 2005-11-09 True K000172 Rep. Kildee, Dale E. [D-MI-5] DALE KILDEE D MI E. 5 2005-11-10 False F000339 Rep. Frank, Barney [D-MA-4] BARNEY FRANK D MA 4 2005-11-10 False D000191 Rep. DeFazio, Peter A. [D-OR-4] PETER DEFAZIO D OR A. 4 2005-11-14 False M000312 Rep. McGovern, James P. [D-MA-3] JAMES MCGOVERN D MA P. 3 2005-11-15 False B001242 Rep. Bishop, Timothy H. [D-NY-1] Timothy Bishop D NY H. 1 2005-11-16 False C000714 Rep. Conyers, John, Jr. [D-MI-14] JOHN CONYERS D MI 14 2005-11-17 False L000559 Rep. Langevin, James R. [D-RI-2] JAMES LANGEVIN D RI R. 2 2005-11-18 False 109-12: text with signatures.)]]> H.R. 4263 https://www.congress.gov/bill/109th-congress/house-bill/4263 Taxation Commerce Economics and Public Finance Energy Energy assistance for the poor Energy prices Excess profits tax Excise tax Government trust funds Income tax Petroleum Petroleum industry Social Welfare Tax rebates Taxation 00 2005-11-09 Introduced in House 2005-12-08T20:51:59Z Windfall Profits and Consumer Assistance Act of 2005 - Amends the Internal Revenue Code to impose upon producers of crude oil an excise tax of 50 percent of their net windfall profit from the production of taxable crude oil in a taxable year. Defines "windfall profit" as the excess of the removal price (sales price) of a barrel of taxable crude oil over the adjusted base price of such barrel (i.e., $40 per barrel, adjusted for inflation). Terminates such tax three years after the enactment of this Act.

Establishes in the Treasury the Consumer Energy Assistance Trust Fund. Transfers to such Fund windfall profit tax revenues and makes amounts in such Fund available to carry out the Low-Income Home Energy Assistance Act of 1981.

Grants to taxpayers an income tax rebate in an amount to be determined by the Secretary of the Treasury based upon the number of taxpayers and available windfall profit tax revenues (reduced by amounts appropriated to such Fund).

]]> Windfall Profits and Consumer Assistance Act of 2005 Display Title Windfall Profits and Consumer Assistance Act of 2005 Official Title as Introduced To amend the Internal Revenue Code of 1986 to impose a temporary windfall profit tax on crude oil, to establish the Consumer Energy Assistance Trust Fund, and to provide for a rebate to energy consumers. Introduced in House IH Short Titles as Introduced Windfall Profits and Consumer Assistance Act of 2005 Introduced in House 2005-11-09T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr4263ih/xml/BILLS-109hr4263ih.xml 2006-04-26 Motion to Discharge Committee filed by Mr. Markey. Petition No: 109-12. (<a href="http://clerk.house.gov/109/lrc/pd/Petitions/Dis12.htm">Discharge petition</a> text with signatures.) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.