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Natural Gas Tax Repeal: Potential Savings for Citizens

This act eliminates the tax on methane emissions from oil and natural gas systems, potentially leading to lower energy costs. Citizens might see reduced natural gas bills as companies are no longer subject to this tax. Additionally, any unspent funds from this program will be rescinded.
Key points
Natural Gas Tax Eliminated: Companies will no longer pay a tax on methane emissions, which could result in lower gas prices for consumers.
Unspent Funds Withdrawn: Any funds allocated for the methane emission reduction program that have not yet been used will be returned.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_143
Sponsor: Sen. Cruz, Ted [R-TX]
Process start date: 2025-01-16
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Natural Gas Tax Repeal Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_143.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-01-16.

What are the main provisions?

Key points include:

  • Natural Gas Tax Eliminated: Companies will no longer pay a tax on methane emissions, which could result in lower gas prices for consumers.
  • Unspent Funds Withdrawn: Any funds allocated for the methane emission reduction program that have not yet been used will be returned.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Cruz, Ted [R-TX].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Taxes Environment Economy