Sustainable Energy Act
Latest action · Feb 14, 2013 Read twice and referred to the Committee on Finance.
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.
- IntroducedFeb 14, 2013
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Sustainable Energy Act - 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 coal, oil, or natural gas.
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 coal, oil, or natural gas.
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 coal, oil, or natural gas.
Amends the Internal Revenue Code to: (1) limit or repeal provisions allowing tax incentives for investment in fossil fuels; (2) extend, through 2020, tax incentives for the production of electricity from renewable resources and the energy tax credit for alternative energy sources; and (3) extend, for a five-year period, allocations of the advanced energy project tax credit.
Increases the Oil Spill Liability Trust Fund financing rate.
Imposes 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.
Cosponsors
Members who signed on, in the order they did.
Actions 2
Everything that happened, newest first.
- Feb 14, 2013Introduced in Senate
- Feb 14, 2013Read twice and referred to the Committee on Finance.
Related bills 4
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 1743 | Big Oil Bailout Prevention Act of 2013 | Related bill | Apr 26, 2013 |
| S 1762 | End Polluter Welfare Act of 2013 | Related bill | Nov 21, 2013 |
| HR 2956 | End Welfare for Big Oil Act of 2013 | Related bill | Aug 9, 2013 |
| HR 3574 | End Polluter Welfare Act of 2013 | Related bill | Dec 16, 2013 |
Subjects
Assigned by the Library of Congress. Policy area: Energy.
- Accounting and auditing
- Administrative law and regulatory procedures
- Advanced technology and technological innovations
- Air quality
- Alternative and renewable resources
- Business investment and capital
- Capital gains tax
- Climate change and greenhouse gases
- Coal
- Competitiveness, trade promotion, trade deficits
- Congressional oversight
- Department of Energy
- Energy
- Energy research
- Energy revenues and royalties
- Energy storage, supplies, demand
- Environmental technology
- Executive agency funding and structure
- Government lending and loan guarantees
- Government trust funds
- Gulf of Mexico
- Hazardous wastes and toxic substances
- Income tax credits
- Income tax deductions
- Lighting, heating, cooling
- Manufacturing
- Marine and coastal resources, fisheries
- Marine pollution
- Mining
- Montana
- Motor fuels
- Multilateral development programs
- Navigation, waterways, harbors
- Oil and gas
- Pipelines
- Pollution liability
- Public utilities and utility rates
- Railroads
- Research administration and funding
- Research and development
- Sales and excise taxes
- Securities
- Solid waste and recycling
- Tax administration and collection, taxpayers
- Taxation of foreign income
- Transportation programs funding
- U.S. and foreign investments
- Water quality
- Wyoming
Text 1
Each version as it was printed, newest first.
- Feb 14, 2013Introduced 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.