PUBLIC LAW 96-510—DEC. 11, 1980
94 STAT. 2797
Subtitle AImposition of Taxes on Petroleum and Certain Chemicals SEC. 211. IMPOSITION OF TAXES.
(a) GENERAL RULE.—Subtitle D (relating to miscellaneous excise taxes) is amended by inserting after chapter 37 the following new chapter:
"CHAPTER 38—ENVIRONMENTAL TAXES "SUBCHAPTER A. Tax on petroleum. "SUBCHAPTER B. Tax on certain chemicals.
"Subchapter A—Tax on Petroleum "Sec. 4611. Imposition of tax. "Sec. 4612. Definitions and special rules. "SEC. 4611. IMPOSITION OF TAX.
26 USC 4611.
"(a) GENERAL RULE.—There is hereby imposed a tax of 0.79 cent a barrel on— "(1) crude oil received at a United States refinery, and "(2) petroleum products entered into the United States for consumption, use, or warehousing. "(b) TAX ON CERTAIN USES AND EXPORTATION.— "(1) IN GENERAL.—If—
"(A) any domestic crude oil is used in or exported from the United States, and "(B) before such use or exportation, no tax was imposed on such crude oil under subsection (a), then a tax of 0.79 cent a barrel is hereby imposed on such crude oil. "(2) EXCEPTION FOR USE ON PREMISES WHERE PRODUCED.—Para-
graph (1) shall not apply to any use of crude oil for extracting oil or natural gas on the premises where such crude oil was produced. "(c) PERSONS LIABLE FOR TAX.— "(1) CRUDE OIL RECEIVED AT REFINERY.—The tax imposed by
subsection (a)(1) shall be paid by the operator of the United States refinery. "(2) IMPORTED PETROLEUM PRODUCT.—The tax imposed by subsection (a)(2) shall be paid by the person entering the product for consumption, use, or warehousing. "(3) TAX ON CERTAIN USES OR EXPORTS.—The tax imposed by
subsection (b) shall be paid by the person using or exporting the crude oil, as the case may be. "(d) TERMINATION.—The taxes imposed by this section shall not apply after September 30, 1985, except that if on September 30, 1983, or September 30, 1984— "(1) the unobligated balance in the Hazardous Substance Response Trust Fund as of such date exceeds $900,000,000, and "(2) the Secretary, after consultation with the Administrator of the Environmental Protection Agency, determines that such unobligated balance will exceed $500,00(),000 on September 30 of the following year if no tax is imposed under section 4611 or 4661 Post, p. 2798. during the calendar year following the date referred to above.
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