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merriefollowshare
6-18-2008 11:17 PM145 views
merrie says:
Amends the Internal Revenue Code to: (1) allow the issuance of tax exempt facility bonds for the financing of domestic use oil refinery facilities; (2) extend through 2018 the tax credit for producing electricity from wind facilities; and (3) allow tax credits for the production of electricity from nuclear energy, natural gas production, and carbon dioxide tertiary injectant processes.
Requires the President to designate at least 10 sites for oil or natural gas refineries on federal lands and make such sites available to the private sector for construction of refineries.

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6-18-2008 11:19 PM
merrie
Repeals the prohibition against producing oil and gas from the Arctic National Wildlife Refuge.
Sets forth requirements for the sale of oil and natural gas leases in the Coastal Plain, environmental protection, transportation easements, and royalty payments to Alaska.
Establishes in the Treasury the Coastal Plain Local Government Impact Aid Assistance Fund to assist Alaska jurisdictions that are directly impacted by oil and gas exploration and production in the Coastal Plain.
View bill text or latest amendments from Thomas.
6-18-2008 11:20 PM
sillysam
And the House Dems are killing the bill.
6-18-2008 11:26 PM
merrie
I had to delete the clip as there seems to be a glitch at
the "RightMarch" site! I'll try to get it resolved and clip it
again.
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