To amend the Internal Revenue Code of 1986 to clarify that tar sands are crude oil for purposes of the Federal excise tax on petroleum.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. CLARIFICATION OF TAR SANDS AS CRUDE OIL FOR EXCISE TAX PURPOSES.
(a) In General.--Paragraph (1) of section 4612(a) of the Internal Revenue Code of 1986 is amended by striking ``and natural gasoline'' and inserting ``, natural gasoline, and tar sands''. (b) Effective Date.--The amendment made by this section shall take effect on January 1, 2013. <all>