S. 940 (112th): Close Big Oil Tax Loopholes Act


May 10, 2011
112th Congress, 2011–2013

Died in a previous Congress

This bill was introduced on May 11, 2011, in a previous session of Congress, but was not enacted.


Robert “Bob” Menéndez

Senator from New Jersey



Read Text »
Last Updated: May 11, 2011
Length: 16 pages

About the bill

Full Title

A bill to reduce the Federal budget deficit by closing big oil tax loopholes, and for other purposes.

Summary (CRS)

5/10/2011--Introduced.Close Big Oil Tax Loopholes Act - Expresses the sense of the Senate that:(1) the President and Administration should be commended for recognizing the severity of high gas prices and ... Read more >

The bill’s title was written by its sponsor.


May 10, 2011

This is the first step in the legislative process.

May 11, 2011
Reported by Committee

A committee has issued a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

This is a Senate bill in the United States Congress (indicated by the “S.” in “S. 940”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.


28 cosponsors (27D, 1I) (show)
May 17, 2011 6:17 p.m.
Motion to Proceed Rejected 52/48

Related Bills

Legislative action may be ocurring on one of these bills in lieu of or in parallel to action on this bill.

S. 3405 (111th) was a previous version of this bill.

Referred to Committee
Last Action: May 24, 2010

S. 307 (113th) was a re-introduction of this bill in a later Congress.

Referred to Committee
Last Action: Feb 13, 2013

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Primary Source

THOMAS.gov (The Library of Congress)

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