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United States · Bill · HR

H.R. 1426 (113th)

Big Oil Welfare Repeal Act of 2013

referredUnited States· United States Congress· EN

Introduced

9 April 2013

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

12 August 2025

Summary

Big Oil Welfare Repeal Act of 2013 - Amends the Internal Revenue Code to eliminate the tax deduction for income attributable to domestic production activities for major integrated oil companies (companies that have an average daily worldwide production of crude oil of at least 500,000 barrels for a taxable year and gross receipts exceeding $1 billion for their last taxable year ending during 2005).

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Documents

3 official files

Introduced in House (text)

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Sources

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