Congress 113 - HR 3574 - End Polluter Welfare Act of 2013

Sponsor

Cosponsors

Topics

Accounting and auditing Agricultural prices, subsidies, credit Alternative and renewable resources Business investment and capital Capital gains tax Climate change and greenhouse gases Coal Congressional oversight Department of Energy Electric power generation and transmission Energy Energy research Energy revenues and royalties Environmental technology Executive agency funding and structure Foreign loans and debt Government lending and loan guarantees Government trust funds Gulf of Mexico Income tax credits Income tax deductions Marine and coastal resources, fisheries Marine pollution Mining Montana Motor fuels Multilateral development programs Navigation, waterways, harbors Oil and gas Pipelines Pollution liability Railroads Research and development Rural conditions and development Sales and excise taxes Securities Tax administration and collection, taxpayers Taxation of foreign income Transportation programs funding Wyoming

Full Text

View Full Bill Text

Votes

Summary

End Polluter Welfare Act of 2013 - 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 Energy (DOE), and other international financing entities to carry out any project that supports fossil fuel (i.e., coal, petroleum, natural gas, or any derivatives used for fuel).

Terminates the Office of Fossil Energy Research and Development in 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 fossil fuel.

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 fossil fuel.

Amends the Internal Revenue Code to: (1) limit or repeal provisions allowing tax incentives for investment in fossil fuels, (2) increase the Oil Spill Liability Trust Fund financing rate, and (3) impose 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.

Actions

Dec 16, 2013

Referred to the Subcommittee on Conservation, Energy, and Forestry.
Dec 13, 2013

Referred to the Subcommittee on Energy.
Nov 25, 2013

Referred to the Subcommittee on Energy and Mineral Resources.
Nov 22, 2013

Referred to the Subcommittee on Energy and Power.
Nov 22, 2013

Referred to the Subcommittee on Water Resources and Environment.
Nov 22, 2013

Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Nov 22, 2013

Referred to the Subcommittee on Coast Guard and Maritime Transportation.
Nov 21, 2013

Referred to the Committee on Ways and Means, and in addition to the Committees on Transportation and Infrastructure, Natural Resources, Science, Space, and Technology, Energy and Commerce, Agriculture, Appropriations, Financial Services, and 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.
Nov 21, 2013

Introduced in House

Amendments

Related Bills