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119-hr-2224119th CongressWALLET

Tar Sands Tax Loophole Elimination Act

Sponsored By: Representative Schakowsky, Janice D. [D-IL-9]

Introduced

Summary

This bill would make tar‑sands‑derived oil and similar unconventional oils count as crude oil for the federal petroleum excise tax, and it would give the Secretary authority to expand which fuel feedstocks or finished fuels are treated as taxable crude oil or petroleum products.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

New fuel taxes for oil producers

This bill would tax more fuels as "crude oil" under the federal petroleum excise tax. Tar sands oil, condensates, natural gasoline, and oil from oil shale would be included. Producers, importers, refiners, and distributors would owe the tax on these fuels. The Secretary could add other fuels by rule if they move by pipeline, vessel, railcar, or tanker truck, match the Oil Pollution Act definition of oil, and are produced at a scale that poses a spill hazard. If enacted, these changes would take effect on the date of enactment. Higher taxes on these fuels could lead to higher fuel prices.

Sponsors & CoSponsors

Sponsor

Schakowsky, Janice D. [D-IL-9]

IL • D

Cosponsors

  • Rep. Ansari, Yassamin [D-AZ-3]

    AZ • D

    Sponsored 3/18/2025

  • Rep. Barragán, Nanette Diaz [D-CA-44]

    CA • D

    Sponsored 3/18/2025

  • Rep. Cohen, Steve [D-TN-9]

    TN • D

    Sponsored 3/18/2025

  • Del. Norton, Eleanor Holmes [D-DC-At Large]

    DC • D

    Sponsored 3/18/2025

  • Rep. Ocasio-Cortez, Alexandria [D-NY-14]

    NY • D

    Sponsored 3/18/2025

  • Rep. Tlaib, Rashida [D-MI-12]

    MI • D

    Sponsored 3/18/2025

  • Rep. Tokuda, Jill N. [D-HI-2]

    HI • D

    Sponsored 3/18/2025

Roll Call Votes

No roll call votes available for this bill.

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