Energy Security for American Consumers Act of 2001 - Amends the Internal Revenue Code to extend the production and sales eligibility dates respecting the credit for production of fuel from a nonconventional source.
Sets forth a credit phaseout and disallows it as of tax year 2016.
Includes certain heavy oil as a qualified fuel.
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Feb 28, 2001
Referred to the House Committee on Ways and Means.