[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 10531 Introduced in House (IH)]
<DOC>
118th CONGRESS
2d Session
H. R. 10531
To prohibit the exportation of gasoline during periods of high gasoline
prices.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
December 19, 2024
Mr. Khanna introduced the following bill; which was referred to the
Committee on Foreign Affairs
_______________________________________________________________________
A BILL
To prohibit the exportation of gasoline during periods of high gasoline
prices.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Gasoline Export Ban Act of 2024''.
SEC. 2. PROHIBITION ON EXPORTATION OF GASOLINE DURING PERIODS OF HIGH
GASOLINE PRICES.
(a) In General.--Except as provided by subsection (b) or (c), the
President shall prohibit the exportation of gasoline produced in the
United States during any period described in subsection (d).
(b) Exceptions.--The President may exempt from the prohibition
under subsection (a) such exports of gasoline as the President
determines to be consistent with the national interest and the purposes
of this section.
(c) Terms and Conditions.--The prohibition under subsection (a)
shall be subject to such terms and conditions as the President
determines to be appropriate and necessary to carry out the purposes of
this section.
(d) Period Described.--The period described in this subsection is
any period--
(1) beginning on any day on which the average price for
gasoline in the United States has been equal to or higher than
$3.12 per gallon for each of the preceding 7 days; and
(2) ending on the next day on which the average price for
gasoline in the United States has been less than $3.12 per
gallon for each of the preceding 7 days.
(e) Gasoline Defined.--In this section, the term ``gasoline'' means
an article classifiable under subheading 2710.12 of the Harmonized
Tariff Schedule of the United States.
<all>