US HB2908 | 2009-2010 | 111th Congress

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on June 17 2009 - 25% progression, died in committee
Action: 2009-06-18 - Referred to the Subcommittee on Energy and Environment.
Pending: House Subcommittee on Energy and Environment Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Enhanced Supply and Price Reduction Act of 2009 - Directs the Secretary of Energy to publish a plan to: (1) sell light grade petroleum from the Strategic Petroleum Reserve (SPR) and acquire an equivalent volume of heavy grade petroleum or refined petroleum product; (2) deposit the cash proceeds from such sales into the SPR Petroleum Account established under the Energy Policy and Conservation Act; and (3) withdraw, from the cash proceeds deposited, the amount necessary to pay for the direct administrative and operational costs of the sale and acquisition.

Tracking Information

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Title

Enhanced Supply and Price Reduction Act of 2009

Sponsors


History

DateChamberAction
2009-06-18 Referred to the Subcommittee on Energy and Environment.
2009-06-17 Referred to the House Committee on Energy and Commerce.
2009-06-17 Sponsor introductory remarks on measure. (E1464-1465)

Subjects


US Congress State Sources


Bill Comments

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