Restore a Rational Tax Rate on Petroleum Production Act of 2007

Summary

Restore a Rational Tax Rate on Petroleum Production Act of 2007 - Amends the Internal Revenue Code to deny a tax deduction in the case of any major integrated oil company for income attributable to the domestic production, refining, processing, transportation, or distribution of oil, natural gas, or any primary product thereof.

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Timeline

1. 4 January 2007

   Introduced

   Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S111)

   Source: IntroReferral

2. 4 January 2007

   Introduced

   Sponsor introductory remarks on measure. (CR S111)

   Source: IntroReferral

3. 4 January 2007

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 4 January 2007 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 4 January 2007

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 4 January 2007

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 4 January 2007

  Open at official source

Sponsors

• Sen. Kerry, John F. [D-MA] · D · Sponsor
• Sen. Feinstein, Dianne [D-CA] · D · Sponsor
• Ron Wyden · D · Sponsor
• · ssfi00 · Standing

Related records

• related to → Energy Independence and Security Act of 2007
• related to → Ending Subsidies for Big Oil Act of 2007