其他题名: |
1.OPA suspended the tax when the OSLTF balance exceeded$1 billion,and Congress included a sunset provision that ended the tax on December 31,1994.Congress reinstated this excise tax in 2006 and revised the tax provisions further in 2009.First,Congress removed the upper limit on the OSLTF balance that would suspend excise tax collection.Second,the excise tax was raised to$0.08 per barrel of crude oil produced or imported into the United States,and the same amount for any refined petroleum products imported.In 2017,the excise tax rate increases to$0.09 per barrel,and the excise tax is due to end on December 31,2017. |