S 2755 · 109th Congress · Energy
Energy PRICE Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Sponsor introductory remarks on measure. (CR S8353)(2006-07-27)
Plain Language Summary
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Energy Production, Refining, Infrastructure, Conservation and Efficiency Act, or the Energy PRICE Act - Directs the Secretary of the Interior to establish and implement a competitive leasing program for the exploration, development, and production of the oil and gas resources of the Coastal Plain (Arctic National Wildlife Refuge, ANWR). Establishes in the Treasury the Coastal Plain Local Government Impact Aid Assistance Fund. Amends the Internal Revenue Code to create an enhanced tax credit for oil recovery projects using qualified carbon dioxide in a method involving flooding or injection. Amends Armed Forces procurement law to extend to cap at 25 years the multiyear contract authority of the Department of Defense to procure fuel derived from coal, oil shale, and tar sands. Instructs the Administrator of the Environmental Protection Agency (EPA), upon request of a state or Indian tribe, to enter into an refinery permitting agreement to streamline the permit process for the construction and operation of a refinery. Amends the Clean Air Act to: (1) hold a state harmless and not require it to revise its implementation plan to account for the emissions from a waiver granted by the Adm…
Summarized by Claude AI · Non-partisan · For informational purposes only