H.R. 5745 (112th): End Polluter Welfare Act of 2012

Introduced:
May 15, 2012 (112th Congress, 2011–2013)
Status:
Died (Referred to Committee)
Sponsor
Keith Ellison
Representative for Minnesota's 5th congressional district
Party
Democrat
Text
Read Text »
Last Updated
May 15, 2012
Length
32 pages
Related Bills
H.R. 3574 (113th) was a re-introduction of this bill in a later Congress.

Referred to Committee
Last Action: Nov 21, 2013

S. 3080 (identical)

Referred to Committee
Last Action: May 10, 2012

 
Status

This bill was introduced on May 15, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced May 15, 2012
Referred to Committee May 15, 2012
 
Full Title

To eliminate certain subsidies for fossil-fuel production.

Summary

No summaries available.

 
Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


5/15/2012--Introduced.
End Polluter Welfare Act of 2012 - Amends the Outer Continental Shelf Lands Act and the Energy Policy Act of 2005 to repeal the authority of the Secretary of the Interior to reduce or eliminate royalty payments for oil and natural gas leases in the Outer Continental Shelf.
Amends the Mineral Leasing Act to increase minimum royalty payments for coal, oil, and natural gas leases.
Repeals the program for ultra-deepwater and unconventional natural gas and other petroleum resource exploration and production.
Amends the Oil Pollution Act to eliminate the limitation on liability for offshore facilities and pipeline operators for oil spills.
Rescinds all unobligated balances made available to the World Bank, the Overseas Private Investment Corporation (OPIC), the Export-Import Bank, the Advanced Research Projects Agency in the Department of Defense (DOD), and other international financing entities to carry out any project that supports coal, oil, or natural gas.
Terminates the Office of Fossil Energy Research and Development in the Department of Energy (DOE) and the authority to carry out any of its programs.
Amends the Energy Policy Act of 2005 to eliminate from the categories of projects eligible for loan guarantees for innovative technologies: (1) projects involving advanced fossil energy technology, and (2) and crude oil refineries.
Prohibits the Secretary of Agriculture from making loans under the Rural Electrification Act of 1936 to carry out projects that will use coal, oil, or natural gas.
Prohibits the use of Department of Transportation (DOT) funds to award any grant or other direct assistance to any rail or port project that transports coal, oil, or natural gas.
Amends the Internal Revenue Code to limit or repeal provisions allowing tax incentives for investment in fossil fuels.
Increases the Oil Spill Liability Trust Fund financing rate.
Imposes a 13% tax on the removal price of any taxable crude oil or natural gas from the Outer Continental Shelf in the Gulf of Mexico.
Designates the Powder River Basin in southeast Montana and northeast Wyoming as a coal producing region. Eliminates accelerated depreciation for property that is receiving a subsidy for fossil fuel production.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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