End Polluter Welfare Act of 2021
Summary
End Polluter Welfare Act of 2021 This bill limits or eliminates certain fossil fuel oil and gas subsidies for oil companies, including by (1) eliminating the limit on liability for offshore facilities and pipeline operators; (2) eliminating the authority of the Department of Energy to carry out the Fossil Energy Research and Development Program and prohibiting funds made available to the Advanced Research Project Agency from being used to carry out any project that supports fossil fuels; (3) terminating certain provisions relating to enhanced oil recovery, producing oil and natural gas from marginal wells, and limitations on percentage depletion for oil and natural gas wells; (4) terminating other deductions and accounting methods supporting oil, natural gas, and coal companies; (5) increasing the Oil Spill Liability Trust Fund financing rate; (6) denying a tax deduction for removal costs and damages relating to oil spills; (7) imposing an excise tax on the removal price of any taxable crude oil or natural gas; (8) increasing amortization periods for tertiary injectant expenses, development expenditures of a mine or other natural deposit, mining exploration expenditures, and intangible drilling and development costs for oil and gas wells and geothermal wells; (9) repealing the tax credits for the production of electricity from refined coal and for carbon oxide sequestration; and (10) requiring a study and elimination of certain other fossil fuel subsidies.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2021
Committee Review
Floor Vote
President
Introduced Mar 19, 2021
Last action May 26, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
0
Committee
5
May 26, 2021
Committee
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
lower
May 19, 2021
Committee
Referred to the Subcommittee on Energy and Mineral Resources.
lower
Mar 22, 2021
Committee
Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
lower
Mar 19, 2021
Committee
Referred to the Subcommittee on Energy.
lower
Mar 19, 2021
Committee
Referred to the Committee on Ways and Means, and in addition to the Committees on Natural Resources, Transportation and Infrastructure, Financial Services, Science, Space, and Technology, Agriculture, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Mar 19, 2021
Introduced
Introduced in House
lower
1 primary · 47 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ilhan Omar
DDemocratic
Co
Adam B. Schiff
DDemocratic
Co
Adam Smith
DDemocratic
Co
Adriano Espaillat
DDemocratic
Co
Alan S. Lowenthal
DDemocratic
Co
Alexandria Ocasio-Cortez
DDemocratic
Co
André Carson
DDemocratic
Co
Andy Levin
DDemocratic
Co
Ayanna Pressley
DDemocratic
Co
Barbara Lee
DDemocratic
Co
Bennie G. Thompson
DDemocratic
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