A bill to amend the Internal Revenue Code of 1954 to provide that oil from any royalty interest shall be exempt from the windfall profit tax.

Summary

Amends the Internal Revenue Code to exempt from the windfall profit tax any domestic crude oil owned through a royalty interest.

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

Timeline

1. 14 May 1980

   Introduced

   Introduced in House

   Source: IntroReferral

2. 14 May 1980

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

3. 14 May 1980

   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

• Introduced in House

  summary · EN · 14 May 1980

  Open at official source

Sponsors

• Rep. Hall, Sam B., Jr. [D-TX-1] · D · Sponsor
• Rep. Lagomarsino, Robert J. [R-CA-19] · R · Cosponsor
• Rep. Lungren, Daniel E. [R-CA-3] · R · Cosponsor
• Rep. Collins, James M. [R-TX-3] · R · Cosponsor
• Rep. Roberts, Ray [D-TX-4] · D · Cosponsor
• Sen. Lott, Trent [R-MS] · R · Cosponsor
• Rep. Montgomery, G. V. (Sonny) [D-MS-3] · D · Cosponsor
• Sen. Simon, Paul [D-IL] · D · Cosponsor
• Rep. Paul, Ron [R-TX-14] · R · Cosponsor
• Rep. Hinson, Jon C. [R-MS-4] · R · Cosponsor
• Rep. Edwards, Mickey [R-OK-5] · R · Cosponsor
• Rep. Whittaker, Bob [R-KS-5] · R · Cosponsor
• Rep. Hubbard, Carroll, Jr. [D-KY-1] · D · Cosponsor
• Rep. Hightower, Jack E. [D-TX-13] · D · Cosponsor
• Rep. Stenholm, Charles W. [D-TX-17] · D · Cosponsor
• Rep. Stump, Bob [R-AZ-3] · R · Cosponsor
• Rep. Lloyd, Marilyn [D-TN-3] · D · Cosponsor
• · hswm00 · Standing

Related records

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