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United States · Bill · HR

H.R. 7595 (93rd)

A bill to amend the Internal Revenue Code to encourage development of processes to convert coal to low pollutant synthetic fuels.

referredUnited States· United States Congress· EN

Introduced

8 May 1973

Last action

—

Status

Referred to House Committee on Ways and Means.

Sponsors

—

Subjects

Discovery layer

Source updated

1 August 2024

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Summary

Provides that in case of coal converted to low-sulphur synthetic fuel, the treatment processes considered as mining shall include any treatment process necessary to such conversion for purposes of a tax deduction under the Internal Revenue Code for mineral depletion. (Amends 26 U.S.C. 613(c)(4)(A))

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Documents

1 official file

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Sources

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