United States · Bill · HR
H.R. 1363 (97th)
Incremental Tertiary Oil Tax Exemption Act of 1981
Introduced
28 January 1981
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
29 August 2025
Summary
Incremental Tertiary Oil Tax Exemption Act of 1981 - Amends the Internal Revenue Code to exempt incremental tertiary oil from the windfall profit tax. Treats as revenues, for purposes of the phaseout of the windfall profit tax, amounts which would be received but for the exemption granted by this Act.
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Documents
1 official file
Introduced in House
summary · EN · 28 January 1981
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/97th-congress/house-bill/1363
- Open data entity: https://api.congress.gov/v3/bill/97/hr/1363