United States · Bill · HR
H.R. 4587 (97th)
Economic Recovery Tax Reform Act of 1981
Introduced
24 September 1981
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
29 August 2025
Summary
Economic Recovery Tax Reform Act of 1981 - Repeals provisions in the Economic Recovery Tax Act of 1981 regarding the windfall profit tax which: (1) increase the credit for royalty owners for 1981 and exempt royalty oil for 1982 and thereafter; (2) reduce the tax imposed on newly discovered oil; and (3) exempt independent producer stripper well oil.
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 24 September 1981
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/97th-congress/house-bill/4587
- Open data entity: https://api.congress.gov/v3/bill/97/hr/4587