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S. 3279, The Home Energy Assistance Today Act
- This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
Comparing revision saved on July 18, 2008, 20:01:47 (webmaster), with revision saved on August 15, 2008, 20:03:24 (webmaster):
S. 3279 would provide funding for the Low-Income Home Energy Assistance Program, and to amend the Internal Revenue Code of 1986 to deny the deduction for income attributable to domestic production of oil, gas, or primary products thereof for major integrated oil companies.
== Detailed Summary ==
<summary>
(LogHome Energy Assistance Today Act - Provides additional funding in to edit the wikiFY2008 for state allotments and beemergency allotments under the firstlow-income home energy assistance program.
Amends the Internal Revenue Code to providedeny major integrated oil companies a detailed summary oftax deduction for income attributable to the bill!)domestic production of oil, gas, or primary products thereof.
</summary>
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== Status of the Legislation ==
<status>
Latest Major Action: 7/17/2008: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.
</status>
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== Points in Favor ==
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== Points Against ==
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Visitor Comments
win
July 23, 2008, 12:21pm (report abuse)Congress is weak minded. If global warming and energy prices and/or independence was their real concern they would be putting this money towards alternative energy for low income.
Instead they spend 2.5 billion for low income energy assistance, take away domestic oil production deductions for taxes on oil companies, tax payers pay for both in the long run. Then they wonder why tax payers cannot afford homes, energy, gas, or anything else. If Congress would quit spending foolishly we might be able to pay a few bills ourselves.