To amend the Internal Revenue Code of 1986 to allow for the deduction for domestic oil related production activities of companies which are not major integrated oil companies.

Summary

Amends the Internal Revenue Code with respect to the tax deduction for domestic oil related production activities to limit the 3% reduction in such deduction to major integrated oil companies (companies which have an average daily worldwide annual production of crude oil of at least 500,000 barrels and annual gross receipts in excess of $1 billion).

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

Timeline

1. 21 April 2010

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 21 April 2010

   Introduced

   Introduced in House

   Source: IntroReferral

3. 21 April 2010

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

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Versions

• Introduced in House · 21 April 2010 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 21 April 2010

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 21 April 2010

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 21 April 2010

  Open at official source

Sponsors

• Rep. Pomeroy, Earl [D-ND-At Large] · D · Sponsor
• Devin Nunes · R · Sponsor
• · hswm00 · Standing

Related records

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