United States · Bill · S
S. 162 (106th)
A bill to amend the Internal Revenue Code of 1986 to change the determination of the 50,000-barrel refinery limitation on oil depletion deduction from a daily basis to an annual average daily basis.
Introduced
19 January 1999
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
14 January 2025
Summary
Amends the Internal Revenue Code to change the determination of the 50,000 barrel-per-day refinery limitation concerning the oil depletion deduction to a 50,000 annual average daily basis limitation.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 19 January 1999
Introduced in Senate (PDF)
Introduced in Senate · EN · 19 January 1999
Introduced in Senate
summary · EN · 19 January 1999
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/106th-congress/senate-bill/162
- Open data entity: https://api.congress.gov/v3/bill/106/s/162