Energy PRICE Act
Latest action · Jul 27, 2006 Sponsor introductory remarks on measure. (CR S8353)
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMay 5, 2006
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Energy Production, Refining, Infrastructure, Conservation and Efficiency Act, or the Energy PRICE Act - Directs the Secretary of the Interior to establish and implement a competitive leasing program for the exploration, development, and production of the oil and gas resources of the Coastal Plain (Arctic National Wildlife Refuge, ANWR).
Establishes in the Treasury the Coastal Plain Local Government Impact Aid Assistance Fund.
Amends the Internal Revenue Code to create an enhanced tax credit for oil recovery projects using qualified carbon dioxide in a method involving flooding or injection.
Amends Armed Forces procurement law to extend to cap at 25 years the multiyear contract authority of the Department of Defense to procure fuel derived from coal, oil shale, and tar sands.
Instructs the Administrator of the Environmental Protection Agency (EPA), upon request of a state or Indian tribe, to enter into an refinery permitting agreement to streamline the permit process for the construction and operation of a refinery.
Amends the Clean Air Act to: (1) hold a state harmless and not require it to revise its implementation plan to account for the emissions from a waiver granted by the Administrator; and (2) revise boutique fuel requirements.
Directs the EPA Administrator to: (1) conduct a research and demonstration program to evaluate the air quality benefits of ultra-clean Fischer-Tropsch transportation fuel, including diesel and jet fuel; and (2) evaluate the use of such fuel to reduce engine exhaust emissions.
Amends the Internal Revenue Code to: (1) provide for full expensing of qualified refinery property; (2) treat certain oil and gas pipelines as five-year property for depreciation purposes; and (3) except tax-exempt financing of energy transportation infrastructure from the private business use test.
Amends the Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users to repeal the prohibition against demolition of the Brightman Street Bridge (Massachusetts) and the requirement of its maintenance as an emergency service route.
Amends federal transportation law to revise the considerations the Secretary of Transportation (Secretary) must take into account when deciding maximum feasible average fuel economy standards.
Directs the Secretary to issue new regulations setting forth increased average fuel economy standards for passenger automobiles.
Requires the Administrator of the Federal Energy Regulatory Commission (FERC) to solicit applications for grants under the EPA Natural Gas STAR Program to pay the federal share of project costs for reduction of methane emissions in the oil and gas industries.
Cosponsors
Members who signed on, in the order they did.
Actions 3
Everything that happened, newest first.
- Jul 27, 2006Sponsor introductory remarks on measure. (CR S8353)
- May 5, 2006Introduced in Senate
- May 5, 2006Read twice and referred to the Committee on Finance.
Subjects
Assigned by the Library of Congress. Policy area: Energy.
- Administrative procedure
- Air pollution control
- Alaska
- Animal behavior
- Animals
- Automobile engines
- Automobile industry
- Automobiles
- Aviation fuels
- Carbon dioxide
- Coal
- Commerce
- Congress
- Congressional reporting requirements
- Corporation taxes
- Cost effectiveness
- Department of the Interior
- Department of Transportation
- Depreciation and amortization
- Diesel motor
- Easements
- Economics and Public Finance
- Electric power transmission
- Energy
- Energy assistance for the poor
- Environmental assessment
- Environmental Protection
- Environmental research
- Environmental technology
- Expedited congressional procedure
- Federal-Indian relations
- Federal-state relations
- Finance and Financial Sector
- Fuel
- Fuel consumption
- Gas industry
- Gas pipelines
- Government Operations and Politics
- Habitat conservation
- Income tax
- Indian claims
- Indigenous peoples
- Judicial review
- Land transfers
- Land use
- Law
- Legislation
- Licenses
- Methane
- Minorities
- Oil and gas leases
- Oil and gas royalties
- Oil shales
- Oil well drilling
- Petroleum engineering
- Petroleum industry
- Petroleum pipelines
- Petroleum refineries
- Petroleum reserves
- Prospecting
- Public Lands and Natural Resources
- Reclamation of land
- Revenue sharing
- Right-of-way
- Science, Technology, Communications
- Social Welfare
- Standards
- Synthetic fuel
- Tax credits
- Tax deductions
- Tax-exempt securities
- Taxation
- Transportation and Public Works
- Water Resources Development
- Wildlife conservation
- Wildlife refuges
Text 1
Each version as it was printed, newest first.
- May 5, 2006Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.