3.0.0 3308 2019-11-15T21:19:12Z 2019-11-15T21:19:12Z House H HR 2011-11-02 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. POMPEO:H.R. 3308.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3[Page H7256]]]> hsif00 Energy and Commerce Committee House Standing hsif03 Energy, Climate and Grid Security Subcommittee Referred to 2011-11-04T21:24:50Z Referred to 2011-11-02T14:03:05Z hswm00 Ways and Means Committee House Standing Referred to 2011-11-02T14:03:00Z Energy Freedom and Economic Prosperity Act 112 2064 S 2012-02-06 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 309. Related bill CRS 2011-11-04 hsif03 Energy, Climate and Grid Security Subcommittee 1 House committee actions Referred to the Subcommittee on Energy and Power. Committee 2011-11-02 Referred to the Committee on Ways and Means, and in addition to the Committee on 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. IntroReferral H11100 2 House floor actions hsif00 Energy and Commerce Committee 2011-11-02 Referred to the Committee on Ways and Means, and in addition to the Committee on 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. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2011-11-02 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-11-02 Introduced in House IntroReferral 1000 9 Library of Congress P000602 Rep. Pompeo, Mike [R-KS-4] Mike Pompeo R KS 4 N L000573 Rep. Labrador, Raul R. [R-ID-1] Raul Labrador R ID R. 1 2011-11-02 True R000587 Rep. Ribble, Reid J. [R-WI-8] Reid Ribble R WI J. 8 2011-11-02 True F000444 Rep. Flake, Jeff [R-AZ-6] JEFF FLAKE R AZ 6 2011-11-02 True C001076 Rep. Chaffetz, Jason [R-UT-3] Jason Chaffetz R UT 3 2011-11-04 False B001262 Rep. Broun, Paul C. [R-GA-10] Paul Broun R GA C. 10 2011-11-15 False W000807 Rep. West, Allen B. [R-FL-22] Allen West R FL B. 22 2011-11-15 False H001057 Rep. Huelskamp, Tim [R-KS-1] Tim Huelskamp R KS 1 2011-11-18 False S001183 Rep. Schweikert, David [R-AZ-5] David Schweikert R AZ 5 2011-11-18 False M001177 Rep. McClintock, Tom [R-CA-4] Tom McClintock R CA 4 2011-11-18 False R000487 Rep. Royce, Edward R. [R-CA-40] ED ROYCE R CA 40 2011-11-18 False R000570 Rep. Ryan, Paul [R-WI-1] PAUL RYAN R WI 1 2011-11-18 False D000614 Rep. Duffy, Sean P. [R-WI-7] Sean Duffy R WI P. 7 2011-11-18 False D000615 Rep. Duncan, Jeff [R-SC-3] Jeff Duncan R SC 3 2011-11-29 False R000593 Rep. Ross, Dennis A. [R-FL-12] Dennis Ross R FL A. 12 2011-11-29 False G000566 Rep. Gowdy, Trey [R-SC-4] Trey Gowdy R SC 4 2011-11-30 False W000811 Rep. Walsh, Joe [R-IL-8] Joe Walsh R IL 8 2011-12-07 False W000796 Rep. Westmoreland, Lynn A. [R-GA-3] Lynn Westmoreland R GA A. 3 2011-12-12 False A000367 Rep. Amash, Justin [R-MI-3] Justin Amash R MI 3 2012-01-23 False F000448 Rep. Franks, Trent [R-AZ-2] Trent Franks R AZ 2 2012-02-09 False W000795 Rep. Wilson, Joe [R-SC-2] Joe Wilson R SC 2 2012-02-09 False A000366 Rep. Adams, Sandy [R-FL-24] Sandy Adams R FL 24 2012-02-28 False Q000024 Rep. Quayle, Benjamin [R-AZ-3] Benjamin Quayle R AZ 3 2012-03-08 False M001182 Rep. Mulvaney, Mick [R-SC-5] Mick Mulvaney R SC 5 2012-03-21 False G000560 Rep. Graves, Tom [R-GA-9] Tom Graves R GA 9 2012-04-25 False C001048 Rep. Culberson, John Abney [R-TX-7] JOHN CULBERSON R TX ABNEY 7 2012-05-15 False 2012-05-18 S001184 Rep. Scott, Tim [R-SC-1] Tim Scott R SC 1 2012-05-16 False G000565 Rep. Gosar, Paul A. [R-AZ-1] Paul Gosar R AZ A. 1 2012-07-25 False S001188 Rep. Stutzman, Marlin A. [R-IN-3] Marlin Stutzman R IN A. 3 2012-08-02 False M001144 Rep. Miller, Jeff [R-FL-1] Jeff Miller R FL 1 2012-09-10 False Taxation Air quality Alternative and renewable resources Climate change and greenhouse gases Coal Corporate finance and management Electric power generation and transmission Hybrid, electric, and advanced technology vehicles Income tax credits Income tax rates Motor fuels Nuclear power Oil and gas Sales and excise taxes Taxation 00 2011-11-02 Introduced in House 2011-12-13T18:44:08Z Energy Freedom and Economic Prosperity Act - Amends the Internal Revenue Code to repeal: (1) the excise tax credits for alcohol fuel, biodiesel, and alternative fuel mixtures; (2) the tax credits for the purchase of certain plug-in electric vehicles and alternative motor vehicles; (3) the alternative fuel vehicle refueling property tax credit; (4) the tax credits for alcohol used as fuel and for biodiesel and renewable diesel used as fuel; (5) the enhanced oil recovery tax credit and the tax credit for producing oil and gas from marginal wells; (6) the tax credit for carbon dioxide sequestration; (7) the energy tax credit; and (8) the tax credits for investment in qualifying advanced coal projects and qualifying gasification projects. Terminates after 2012 the tax credits for the production of electricity from certain renewable resources and from advanced nuclear power facilities.

Repeals the grant program under the American Recovery and Reinvestment Act of 2009 for payments to invest in alternative and renewable energy property in lieu of tax credits.

Directs the Secretary of the Treasury to prescribe a flat income tax rate for corporations, in lieu of the existing marginal tax rates, based upon the overall revenue savings from the repeal of energy tax subsidies by this Act.

]]> Energy Freedom and Economic Prosperity Act Short Titles as Introduced Energy Freedom and Economic Prosperity Act Display Title Energy Freedom and Economic Prosperity Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to terminate certain energy tax subsidies and lower the corporate income tax rate. Introduced in House 2011-11-02T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr3308ih/xml/BILLS-112hr3308ih.xml 2011-11-04 Referred to the Subcommittee on Energy and Power. 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.