House Bill 5553
116th Congress(2019-2020)
Crude by Rail Volatility Standard Act
Introduced
Introduced in House on Jan 8, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
5553
Congress
116
Policy Area
Transportation and Public Works
Transportation and Public Works
Primary focus of measure is all aspects of transportation modes and conveyances, including funding and safety matters; Coast Guard; infrastructure development; travel and tourism. Measures concerning water resources and navigation projects may fall under Water Resources Development policy area.
No House votes have been held for this bill.
Summary
Crude by Rail Volatility Standard Act
This bill establishes a maximum volatility standard for crude oil.
Specifically, the bill
- prohibits the transportation by rail of crude oil with Reid vapor pressure (a measure of gasoline's volatility) of more than 9.5 pounds per square inch (the maximum volatility set by the New York Mercantile Exchange for crude oil futures contracts), and
- directs the Pipeline and Hazardous Materials Safety Administration to finalize a rule setting a maximum volatility standard for crude oil and other hazardous materials transported by rail.
January 8, 2020
01/09/2020
Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
01/08/2020
Referred to the House Committee on Transportation and Infrastructure.
01/08/2020
Introduced in House
Public Record
Record Updated
Feb 9, 2022 2:28:05 AM