S 3973 · 93th Congress · Energy
A bill to amend the Emergency Petroleum Allocation Act of 1973 to reduce the price of crude oil, residual fuel oil, and refined petroleum products.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Interior and Insular Affairs.(1974-09-09)
Plain Language Summary
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Authorizes the President, under the Emergency Petroleum Allocation Act of 1973, to reduce the price of crude oil, residual fuel oil, and refined petroleum products if it is determined, after taking specified factors into account, that a person's petroleum related taxable income is excessive.…
Summarized by Claude AI · Non-partisan · For informational purposes only