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S 683 · 117th Congress

Tar Sands Tax Loophole Elimination Act

<p><strong>Tar Sands Tax Loophole Elimination Act </strong></p> <p>This bill expands the definition of <i>crude oil</i> for purposes of the excise tax on petroleum and petroleum products to include any bitumen or bituminous mixture, any oil derived from a bitumen or bituminous mixture (tar sands), and any oil deriv…

Sponsor
Markey, Edward J. (D-MA)
Introduced
2021-03-10
Policy area
Taxation
Latest action
Read twice and referred to the Committee on Finance.

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