United States · Bill · HR
H.R. 8216 (96th)
A bill to amend the Internal Revenue Code of 1954 to provide for royalty owners and independent producers an annual $1,200 credit against the crude oil windfall profit tax, and for other purposes.
Introduced
25 September 1980
Last action
25 September 1980 · Introduced
Status
Referred to House Committee on Ways and Means.
Sponsors
Rep. Leach, Claude (Buddy), Jr. [D-LA-4]
Subjects
Taxation
Source updated
7 February 2024
Summary
Amends the Internal Revenue Code to allow royalty owners and independent producers a $300 quarterly refundable credit against the crude oil windfall profit tax. Denies any income tax deduction for amounts taken as such credits.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
25 September 1980
Introduced
Introduced in House
Source: IntroReferral
25 September 1980
Introduced
Introduced in House
Source: IntroReferral
25 September 1980
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
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Introduced in House
summary · EN · 25 September 1980
Sponsors
- Rep. Leach, Claude (Buddy), Jr. [D-LA-4] · D · Sponsor
- · 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/8216
- Open data entity: https://api.congress.gov/v3/bill/96/hr/8216
- us · 96-hr-8216 · source updated 7 February 2024