A bill to exempt limited amounts of oil production by independent producers from the windfall profits tax and for other purposes.

Summary

Exempts independent oil producers, in an amount equal to 1,000 barrels of crude oil multiplied by the number of days in the taxable period, from the windfall profit tax.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 22 January 1981

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 22 January 1981

   Introduced

   Introduced in House

   Source: IntroReferral

3. 22 January 1981

   Introduced

   Introduced in House

   Source: IntroReferral

4. 4 August 1981

   Committee

   See H.R.4242.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 22 January 1981

  Open at official source

Sponsors

• Rep. Hinson, Jon C. [R-MS-4] · R · Sponsor
• · hswm00 · Standing

Related records

• related to → A bill to exempt limited amounts of oil production by independent producers from the windfall profits tax and for other purposes.
• related to → A bill to exempt limited amounts of oil production by independent producers from the windfall profits tax and for other purposes.
• related to → A bill to exempt limited amounts of oil production by independent producers from the windfall profits tax and for other purposes.
• related to ← Economic Recovery Tax Act of 1981