S 1684 · 96th Congress · Energy

Domestic Refinery Development and Improvement Act of 1979

Introduced 1979-08-03· Sponsored by Sen. Johnston, J. Bennett [D-LA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Energy and Natural Resources.(1979-08-03)

Plain Language Summary

[AI summary unavailable — showing source text] Domestic Refinery Development and Improvement Act of 1979 - Title I: Office of Refinery Development - Establishes in the Department of Energy an Office of Refinery Development under the control of a presidentially-appointed Director. Sets forth the duties and responsibilities of the Director, including the administration of programs established under this Act to provide for the development, improvement, and operation of domestic petroleum refineries capable of reducing foreign oil imports. Establishes in the United States Treasury the Refinery Development Fund into which shall be deposited fees levied on imported refined petroleum products. States that such fund is to be used to make payments to: (1) purchasers of domestically refined and shipped petroleum products of small and independent refiners; or (2) such refiners under specified circumstances; to increase competition in refined petroleum products imported into import-dependent regions of the United States. Sets forth qualifications for eligibility for and amounts of such payments. Imposes fees on every barrel of imported refined petroleum products. Removes import fees on crude oil and petroleum products imposed under authori…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat