[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 786 Introduced in House (IH)]

113th CONGRESS
  1st Session
                                H. R. 786

 To amend the Internal Revenue Code of 1986 to clarify that tar sands 
   are crude oil for purposes of the Federal excise tax on petroleum.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 15, 2013

 Mr. Markey (for himself and Mr. Blumenauer) introduced the following 
      bill; which was referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to clarify that tar sands 
   are crude oil for purposes of the Federal excise tax on petroleum.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Tar Sands Tax Loophole Elimination 
Act''.

SEC. 2. CLARIFICATION OF TAR SANDS AS CRUDE OIL FOR EXCISE TAX 
              PURPOSES.

    (a) In General.--Paragraph (1) of section 4612(a) of the Internal 
Revenue Code of 1986 is amended by striking ``and natural gasoline'' 
and inserting ``, natural gasoline, and tar sands''.
    (b) Effective Date.--The amendments made by this section shall take 
effect on the date of the enactment of this Act.
                                 <all>