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United States · Bill · S

S. 2799 (93rd)

A bill to impose an excess profits tax on energy companies, create an incentive for certain energy investments.

referredUnited States· United States Congress· EN

Introduced

12 December 1973

Last action

Status

Referred to Senate Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Imposes an energy emergency tax on the taxable income of every energy corporation for each taxable year ending after December 31, 1972. Provides that such tax shall not apply to foreign corporations and new corporations. Defines terms used in this Act, including "energy corporation." Permits a surcharge exemption and adjustments to such exemption in specified cases.

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Votes

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Versions

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Documents

1 official file

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Sources

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