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US HR313

US HR313
Natural Gas Tax Repeal Act


summary

Introduced
01/09/2025
In Committee
01/09/2025
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A BILL To repeal the natural gas tax.

AI Summary

This bill proposes to completely repeal Section 136 of the Clean Air Act, which pertains to a methane emissions and waste reduction incentive program for petroleum and natural gas systems. Specifically, the bill eliminates this section of law and rescinds (cancels) any unobligated funds that were previously allocated to this program. The bill's language suggests a desire to remove existing financial incentives or regulatory mechanisms related to reducing methane emissions in the natural gas industry. By rescinding unobligated balances, the bill ensures that any previously set aside but unused funds for this program will no longer be available for future use. The bill is straightforward in its approach, consisting of just three sections: a short title, the repeal of the specific section of the Clean Air Act, and the rescission of related unobligated funds.

Committee Categories

Business and Industry

Sponsors (6)

Last Action

Referred to the House Committee on Energy and Commerce. (on 01/09/2025)

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