3.0.0
1483
2025-05-27T14:16:42Z
2025-05-27T14:16:42Z
House
H
HR
2023-03-09
118
[Congressional Record Volume 169, Number 45 (Thursday, March 9, 2023)][House][Pages H1249-H1250]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BLUMENAUER:H.R. 1483.[[Page H1250]]Congress has the power to enact this legislation pursuantto the following:Clause 1 of Section 8 of Article I of the Constitution.The single subject of this legislation is:Taxation
- hswm00
Ways and Means Committee
House
Standing
  - Referred To
2023-03-09T15:05:25Z

- People Over Petroleum Act
118
1743
HR
2023-03-23
Referred to the House Committee on Ways and Means.
  - Related bill
CRS
- 2023-03-09
Referred to the House Committee on Ways and Means.
IntroReferral
H11100
2
House floor actions
  - hswm00
Ways and Means Committee
- 2023-03-09
Sponsor introductory remarks on measure. (CR E203)
IntroReferral
B00100
9
Library of Congress
- 2023-03-09
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2023-03-09
Introduced in House
IntroReferral
1000
9
Library of Congress
- B000574
Rep. Blumenauer, Earl [D-OR-3]
EARL
BLUMENAUER
D
OR
3
N
- C001117
Rep. Casten, Sean [D-IL-6]
Sean
Casten
D
IL
6
2023-03-09
True
- P000618
Rep. Porter, Katie [D-CA-47]
Katie
Porter
D
CA
47
2023-03-09
True
- B001285
Rep. Brownley, Julia [D-CA-26]
Julia
Brownley
D
CA
26
2023-05-02
False
- C001061
Rep. Cleaver, Emanuel [D-MO-5]
Emanuel
Cleaver
D
MO
5
2023-05-02
False
- E000296
Rep. Evans, Dwight [D-PA-3]
Dwight
Evans
D
PA
3
2023-05-02
False
- H001068
Rep. Huffman, Jared [D-CA-2]
Jared
Huffman
D
CA
2
2023-05-02
False
- K000389
Rep. Khanna, Ro [D-CA-17]
Ro
Khanna
D
CA
17
2023-05-02
False
- M001160
Rep. Moore, Gwen [D-WI-4]
Gwen
Moore
D
WI
4
2023-05-02
False
- P000597
Rep. Pingree, Chellie [D-ME-1]
Chellie
Pingree
D
ME
1
2023-05-02
False
- S001168
Rep. Sarbanes, John P. [D-MD-3]
John
Sarbanes
D
MD
P.
3
2023-05-02
False
- T000469
Rep. Tonko, Paul [D-NY-20]
Paul
Tonko
D
NY
20
2023-05-02
False
- S001145
Rep. Schakowsky, Janice D. [D-IL-9]
JANICE
SCHAKOWSKY
D
IL
D.
9
2023-06-07
False
- S000344
Rep. Sherman, Brad [D-CA-32]
BRAD
SHERMAN
D
CA
32
2023-08-22
False
- R000606
Rep. Raskin, Jamie [D-MD-8]
Jamie
Raskin
D
MD
8
2023-09-12
False
- C001068
Rep. Cohen, Steve [D-TN-9]
Steve
Cohen
D
TN
9
2023-10-10
False
- L000593
Rep. Levin, Mike [D-CA-49]
Mike
Levin
D
CA
49
2023-12-06
False
- B001292
Rep. Beyer, Donald S., Jr. [D-VA-8]
Donald
Beyer
D
VA
S.
8
2023-12-11
False
Taxation
- Accounting and auditing
2025-04-25T17:47:05Z
- Administrative law and regulatory procedures
2025-04-25T17:47:05Z
- Business expenses
2025-04-25T17:47:05Z
- Department of the Treasury
2025-04-25T17:47:05Z
- Income tax credits
2025-04-25T17:47:05Z
- Income tax deductions
2025-04-25T17:47:05Z
- Motor fuels
2025-04-25T17:47:05Z
- Oil and gas
2025-04-25T17:47:05Z
- Pipelines
2025-04-25T17:47:05Z
- Sales and excise taxes
2025-04-25T17:47:05Z
- Tax administration and collection, taxpayers
2025-04-25T17:47:05Z
- Taxation of foreign income
2025-04-25T17:47:05Z
Taxation
2023-03-24T15:47:30Z
00
2023-03-09
Introduced in House
2023-03-24T18:10:25Z
End Oil and Gas Tax Subsidies Act of 2023
This bill limits or repeals certain fossil fuel oil and gas subsidies for oil companies. Specifically, it
- increases to seven years the amortization period for geological and geophysical expenditures;
- repeals the tax credits for producing oil and gas from marginal wells and for enhanced oil recovery;
- repeals the tax deduction for the intangible drilling and development costs of oil and gas wells;
- repeals percentage depletion;
- repeals the tax deduction for tertiary injectant expenses;
- repeals the passive loss exception for working interests in oil and gas property;
- denies the tax deduction for income attributable to domestic production activities for oil and gas activities;
- prohibits the use of the last-in, first-out (LIFO) accounting method by major integrated oil companies;
- limits the foreign tax credit for dual capacity taxpayers (i.e., taxpayers who are subject to a levy of a foreign country or U.S. possession and receive specific economic benefits from such country or possession); and
- expands 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), and any oil derived from kerogen-bearing sources (oil shale).

End Oil and Gas Tax Subsidies Act of 2023
- Display Title
45

End Oil and Gas Tax Subsidies Act of 2023
2024-07-24T15:23:28Z
- Short Title(s) as Introduced
101

End Oil and Gas Tax Subsidies Act of 2023
2024-05-24T13:41:54Z
Introduced in House
IH
- Official Title as Introduced
6

To amend the Internal Revenue Code of 1986 to repeal fossil fuel subsidies for oil companies, and for other purposes.
2024-03-18T20:27:03Z
Introduced in House
IH
- Introduced in House
2023-03-09T05:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr1483ih/xml/BILLS-118hr1483ih.xml
2023-03-09
Referred to the House Committee on Ways and Means.
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
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