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H.R. 1482

BillFederalHouseIntroduced
Consumer Reasonable Energy Price Protection Act of 2009
About This Bill
Introduced
Latest Action · March 12, 2009
Referred to House Appropriations
Congress
111th (2009–2011)
Introduced
March 12, 2009
Cosponsors (0)
None
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Summary

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Consumer Reasonable Energy Price Protection Act of 2009 - Amends the Internal Revenue Code to impose a windfall profit tax on crude oil, natural gas, or fuel which is the product of crude oil or natural gas. Defines "windfall profit" as so much of the profit as exceeds a reasonable profit. Establishes a Reasonable Profits Board to determine reasonable profit. Dedicates the proceeds of such tax to the low-income home energy assistance program.

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