A bill to amend the Internal Revenue Code of 1986 to modify the small refiner exception to the oil depletion deduction.

Summary

Amends the Internal Revenue Code to change the average daily refinery limitation concerning the oil depletion deduction from 50,000 to 75,000 barrels-per-day.

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

Timeline

1. 5 September 2001

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 5 September 2001

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 5 September 2001 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 5 September 2001

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 5 September 2001

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 5 September 2001

  Open at official source

Sponsors

• Rep. Breaux, John B. [D-LA-7] · D · Sponsor
• · ssfi00 · Standing

Related records

No cross-record relationships stored yet.