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

12 December 1973 · Introduced

Status

Referred to Senate Committee on Finance.

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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Timeline

12 December 1973
Introduced
Referred to Senate Committee on Finance.
Source: IntroReferral
12 December 1973
Introduced
Introduced in Senate
Source: IntroReferral

Votes

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Versions

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Documents

1 official file

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Introduced in Senate
summary · EN · 12 December 1973
Open at official source

Related records

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Sources

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Official source: https://www.congress.gov/bill/93rd-congress/senate-bill/2799
Open data entity: https://api.congress.gov/v3/bill/93/s/2799
us · 93-s-2799 · source updated 1 August 2024