3.0.0 3784 2020-02-14T19:13:56Z 2020-02-14T19:13:56Z House H HR 2012-01-18 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. KUCINICH:H.R. 3784.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8.[Page H78]]]> hspw00 Transportation and Infrastructure Committee House Standing hspw12 Highways and Transit Subcommittee Referred to 2012-01-19T16:35:37Z Referred to 2012-01-18T15:03:25Z hswm00 Ways and Means Committee House Standing Referred to 2012-01-18T15:03:20Z 2012-01-19 hspw12 Highways and Transit Subcommittee 1 House committee actions Referred to the Subcommittee on Highways and Transit. Committee 2012-01-18 Referred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, 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 hspw00 Transportation and Infrastructure Committee 2012-01-18 Referred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, 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 2012-01-18 Introduced in House IntroReferral Intro-H 9 Library of Congress 2012-01-18 Introduced in House IntroReferral 1000 9 Library of Congress K000336 Rep. Kucinich, Dennis J. [D-OH-10] DENNIS KUCINICH D OH J. 10 N W000738 Rep. Woolsey, Lynn C. [D-CA-6] LYNN WOOLSEY D CA 6 2012-01-18 True C000714 Rep. Conyers, John, Jr. [D-MI-14] JOHN CONYERS D MI 14 2012-01-18 True L000559 Rep. Langevin, James R. [D-RI-2] JAMES LANGEVIN D RI R. 2 2012-01-18 True 2012-01-25 F000455 Rep. Fudge, Marcia L. [D-OH-11] Marcia Fudge D OH L. 11 2012-01-18 True 2012-02-01 F000116 Rep. Filner, Bob [D-CA-51] BOB FILNER D CA 51 2012-01-18 True Taxation Advisory bodies Energy efficiency and conservation Energy prices Energy revenues and royalties Government information and archives Hybrid, electric, and advanced technology vehicles Income tax credits Oil and gas Public transit Sales and excise taxes Transportation costs Transportation programs funding Taxation 00 2012-01-18 Introduced in House 2012-02-11T16:16:27Z Gas Price Spike Act of 2012 - Amends the Internal Revenue Code to: (1) impose an excise tax on the windfall profit from the sale of any crude oil, natural gas, or fuel which is the product of crude oil or natural gas; and (2) allow a tax credit for the purchase of certain fuel-efficient automobiles assembled in the United States by individuals employed under a collective bargaining agreement. Defines "windfall profit" as so much of the profit from sales of oil and natural gas as exceeds a reasonable profit. Establishes a Reasonable Profits Board to make reasonable profit determinations for purposes of applying the windfall profit tax.

Authorizes the Secretary of Transportation to make grants to mass transit systems, including bus and commuter rail systems, for reducing passenger fares.

]]> Gas Price Spike Act of 2012 Short Titles as Introduced Gas Price Spike Act of 2012 Display Title Gas Price Spike Act of 2012 Official Title as Introduced To amend the Internal Revenue Code of 1986 to impose a windfall profit tax on oil and natural gas (and products thereof) and to allow an income tax credit for purchases of fuel-efficient passenger vehicles, and to allow grants for mass transit. Introduced in House 2012-01-18T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr3784ih/xml/BILLS-112hr3784ih.xml 2012-01-19 Referred to the Subcommittee on Highways and Transit. 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.