[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 214 Introduced in House (IH)]

114th CONGRESS
  1st Session
                                H. R. 214

 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

                            January 8, 2015

Mr. Blumenauer (for himself, Mrs. Capps, Mr. DeFazio, Mr. Pascrell, Mr. 
    Van Hollen, Mr. Nadler, Mr. Murphy of Florida, Mr. Sherman, Mr. 
   Grayson, Mr. Quigley, Mr. Cartwright, Ms. Lee, and Mr. Connolly) 
 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.--Section 4612(a)(1) of the Internal Revenue Code of 
1986 is amended to read as follows:
            ``(1) Crude oil.--The term `crude oil' includes crude oil 
        condensates, natural gasoline, any bitumen or bituminous 
        mixture, any oil derived from a bitumen or bituminous mixture, 
        and any oil derived from kerogen-bearing sources.''.
    (b) Effective Date.--The amendment made by this section shall apply 
to oil and petroleum products received or entered during calendar 
quarters beginning more than 60 days after the date of the enactment of 
this Act.
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