Skip to content
PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 4587 (97th)

Economic Recovery Tax Reform Act of 1981

referredUnited States· United States Congress· EN

Introduced

24 September 1981

Last action

24 September 1981 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Sen. Daschle, Thomas A. [D-SD], Sen. Markey, Edward J. [D-MA], Rep. Vento, Bruce F. [D-MN-4], Rep. Mitchell, Parren J. [D-MD-7], Rep. Bedell, Berkley W. [D-IA-6], Rep. Rahall, Nick J., II [D-WV-3], Rep. Dellums, Ronald V. [D-CA-9], Rep. Seiberling, John F. [D-OH-14], Rep. Hughes, William J. [D-NJ-2], Rep. AuCoin, Les [D-OR-1], Rep. Sabo, Martin Olav [D-MN-5], Rep. Frank, Barney [D-MA-4], Sen. Wyden, Ron [D-OR], Rep. Long, Clarence D. [D-MD-2], Rep. Beilenson, Anthony C. [D-CA-24], Rep. Swift, Al [D-WA-2], Rep. Murphy, Austin J. [D-PA-20], Rep. Foglietta, Thomas M. [D-PA-1], Sen. Gore, Albert, Jr. [D-TN], Rep. McHugh, Matthew F. [D-NY-28], Rep. Mottl, Ronald M. [D-OH-23], Rep. Edgar, Robert W. [D-PA-7], Rep. Kildee, Dale E. [D-MI-5], Rep. Barnes, Michael D. [D-MD-8], Rep. Weaver, James H. [D-OR-4], Rep. Neal, Stephen L. [D-NC-5], Rep. Hertel, Dennis M. [D-MI-14], Rep. Ottinger, Richard L. [D-NY-20], Rep. Ratchford, William R. [D-CT-5]

Subjects

Taxation

Source updated

29 August 2025

Taxation

Official sourceView documentsShare

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.

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

Timeline

  1. 24 September 1981

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 24 September 1981

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 24 September 1981

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

Leesvertaling

Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.