Natural Gas Tax Repeal Act

2/7/2025, 3:23 PM

Natural Gas Tax Repeal Act

This bill eliminates a program administered by the Environmental Protection Agency that provides support for reducing methane emissions from the oil and gas sector. It also repeals a charge on methane emissions from facilities that contain petroleum and natural gas systems and emit 25,000 metric tons or more of greenhouse gases per year.

Bill 119 HR 313, also known as the Natural Gas Tax Repeal Act, is a piece of legislation introduced in the US Congress. The main purpose of this bill is to repeal the tax on natural gas.

The bill aims to eliminate the tax on natural gas, which is currently imposed at the federal level. Proponents of the bill argue that the tax on natural gas is burdensome and hinders economic growth. They believe that by repealing this tax, it will stimulate the natural gas industry and create more jobs.

Opponents of the bill, however, argue that the tax on natural gas is necessary to fund important government programs and services. They are concerned that repealing the tax could lead to a loss of revenue for the government and potentially impact funding for critical programs. Overall, the Natural Gas Tax Repeal Act is a controversial piece of legislation that has sparked debate among lawmakers and stakeholders. It remains to be seen whether the bill will ultimately be passed into law.
Congress
119
Number
HR - 313
Introduced on
2025-01-09
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

1/9/2025
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Natural Gas Tax Repeal Act

This bill eliminates a program administered by the Environmental Protection Agency that provides support for reducing methane emissions from the oil and gas sector. It also repeals a charge on methane emissions from facilities that contain petroleum and natural gas systems and emit 25,000 metric tons or more of greenhouse gases per year.

Bill 119 HR 313, also known as the Natural Gas Tax Repeal Act, is a piece of legislation introduced in the US Congress. The main purpose of this bill is to repeal the tax on natural gas.

The bill aims to eliminate the tax on natural gas, which is currently imposed at the federal level. Proponents of the bill argue that the tax on natural gas is burdensome and hinders economic growth. They believe that by repealing this tax, it will stimulate the natural gas industry and create more jobs.

Opponents of the bill, however, argue that the tax on natural gas is necessary to fund important government programs and services. They are concerned that repealing the tax could lead to a loss of revenue for the government and potentially impact funding for critical programs. Overall, the Natural Gas Tax Repeal Act is a controversial piece of legislation that has sparked debate among lawmakers and stakeholders. It remains to be seen whether the bill will ultimately be passed into law.
Alternative Names
Official Title as IntroducedTo repeal the natural gas tax.
Policy Areas
Environmental Protection

Comments

Related

Member:  
Nathaniel Moran
Member:  
Michael A. Rulli
Member:  
August Pfluger
Member:  
Craig Goldman
Committee:  
Energy and Commerce

Recent Activity

Latest Summary3/11/2025

Natural Gas Tax Repeal Act

This bill eliminates a program administered by the Environmental Protection Agency that provides support for reducing methane emissions from the oil and gas sector. It also repeals a charge on meth...

Latest Action1/9/2025
Referred to the House Committee on Energy and Commerce.