Oil Price Reduction Act of 2008

Bill Number

HR 6436

Introduced

Jul 8, 2008

Latest Action

Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, for a period to be sub ...

Sponsor

Cosponsors

Topics

Armed Forces and National Security Arms sales Cartels Commerce Diesel motor Economic assistance Energy Energy prices Export controls Foreign Trade and International Finance Gasoline Income tax International Affairs Middle East and North Africa Military assistance OPEC countries Petroleum Petroleum industry Price fixing Sanctions (International law) Tax credits Taxation Transportation and Public Works

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Votes

Summary

Oil Price Reduction Act of 2008 - Prohibits U.S. bilateral assistance and arms exports (not including humanitarian assistance) to any country that is a major net oil exporter, including any country that is a member of the Organization of Petroleum Exporting Countries (OPEC), if such country is engaged in oil price fixing to the detriment of the U.S. economy.

Amends the Internal Revenue Code to allow taxpayers who drive a highway vehicle fueled by gasoline or diesel fuel a $1,000 tax credit in 2008.

Actions

Jul 8, 2008

Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jul 8, 2008

Introduced in House

Amendments

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