HR. 2224In Committee
Tar Sands Tax Loophole Elimination Act
Repeals a tax loophole for tar sands by treating tar sands crude like other crude oil for federal excise tax purposes
Plain-English overview
What this bill does
Repeals a tax loophole for tar sands by treating tar sands crude like other crude oil for federal excise tax purposes
Key points
- Amend crude oil tax treatment
- Repeal tar sands loophole
Current status
Where it stands
Status
In Committee
Latest action
2025-03-18 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation