United States · Bill · HR
H.R. 5124 (96th)
A bill to amend the Internal Revenue Code of 1954 with respect to the treatment of a transfer of proven oil and gas properties by persons to a controlled corporation.
Introduced
2 August 1979
Last action
2 August 1979 · Introduced
Status
Referred to House Committee on Ways and Means.
Sponsors
Rep. Lederer, Raymond F. [D-PA-3], Rep. Murphy, Austin J. [D-PA-20]
Subjects
Taxation
Source updated
7 February 2024
Summary
Amends the Internal Revenue Code to set forth rules for the allocation of amounts of oil and natural gas between shareholders and controlled corporations for purposes of computing the percentage depletion allowance.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
2 August 1979
Introduced
Referred to House Committee on Ways and Means.
Source: IntroReferral
2 August 1979
Introduced
Introduced in House
Source: IntroReferral
2 August 1979
Introduced
Introduced in House
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
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Introduced in House
summary · EN · 2 August 1979
Sponsors
- Rep. Lederer, Raymond F. [D-PA-3] · D · Sponsor
- Rep. Murphy, Austin J. [D-PA-20] · D · Cosponsor
- · hswm00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/96th-congress/house-bill/5124
- Open data entity: https://api.congress.gov/v3/bill/96/hr/5124
- us · 96-hr-5124 · source updated 7 February 2024