Summary: H.R.214 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.214. Bill summaries are authored by CRS.

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Introduced in House (01/08/2015)

Tar Sands Tax Loophole Elimination Act

This bill amends the Internal Revenue Code to expand the definition of "crude oil" for purposes of the excise tax on petroleum and petroleum products to include any bitumen or bituminous mixture, any oil derived from a bitumen or bituminous mixture (tar sands), and any oil derived from kerogen-bearing sources (oil shale).