Legislative Scorecard

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Energy Freedom and Economic Prosperity Act

H.R. 259

Number of Co-Sponsors

33

Weight

1x

Bill Description

This bill, originally introduced by Rep. Pompeo (R-KS), amends the Internal Revenue Code to repeal a variety of energy tax credits and expenditures and directs the Secretary of the Treasury to prescribe a flat income tax for corporations in lieu of existing marginal tax rates based upon the revenue savings projected by the other repeals provided for by this Act.

Liberty for All's Position

Sustainable growth and real energy reform is only possible when the environment is full of innovation, entrepreneurship, and healthy competition. This bill paves the path toward reviving energy entrepreneurship by eliminating lobbyist sponsored subsidies and crony credits. It is not the proper role of the federal government, and especially not the U.S. tax code, to engage in social engineering by picking economic winners and losers. Liberty For All supports markets free of government intervention and encourage and environment in which companies are rewarded on the merits of their ideas and not on the basis of their Capitol Hill connections. This bill takes the fairest approach to the energy market and it further creates a level playing field by eliminating corporate welfare and flattening corporate tax rates.

Current Status

This bill was assigned to a congressional committee on January 15, 2013, which will consider it before possibly sending it on to the House or Senate as a whole.

Sort Co-Sponsors

Displaying:
Republican and Democratic
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Name

Robert Aderholt

Republican Representative - AL 4

No

Justin Amash

Republican Representative - MI 3

Yes

Mark Amodei

Republican Representative - NV 2

No

Robert Andrews

Democratic Representative - NJ 1

No

Michele Bachmann

Republican Representative - MN 6

No

Spencer Bachus

Republican Representative - AL 6

No

Ron Barber

Democratic Representative - AZ 2

No

Lou Barletta

Republican Representative - PA 11

No

Garland Barr

Republican Representative - KY 6

No

John Barrow

Democratic Representative - GA 12

No

Joe Barton

Republican Representative - TX 6

No

Karen Bass

Democratic Representative - CA 37

No

Joyce Beatty

Democratic Representative - OH 3

No

Xavier Becerra

Democratic Representative - CA 34

No

Dan Benishek

Republican Representative - MI 1

No

Kerry Bentivolio

Republican Representative - MI 11

Yes

Ami Bera

Democratic Representative - CA 7

No

Gus Bilirakis

Republican Representative - FL 12

No

Rob Bishop

Republican Representative - UT 1

No

Sanford Bishop

Democratic Representative - GA 2

No