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United States · Bill · HR

H.R. 45 (97th)

A bill to amend the Internal Revenue Code of 1954 to exempt independent producers and royalty owners from the windfall profit tax on the first one thousand barrels of daily production.

openUnited States· United States Congress· EN

Introduced

5 January 1981

Last action

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Status

See H.R.4242.

Sponsors

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Subjects

Discovery layer

Source updated

7 February 2024

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Summary

Amends the Internal Revenue Code to exempt independent producers and royalty owner oil from the windfall profit tax.

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Documents

1 official file

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